On the internal stability, headline inflation in 2011 is projected to stand at 3.5% (or within the range of 3.0 – 4.0%), given that oil prices are still expected to remain high, and minimum wage is being raised. Both factors place greater inflationary pressure on the economy through cost of factor inputs. Unemployment is forecast to stand at 1.1% of total labour force (or within the range of 1.0 – 1.2%of total labour force). On the external front, in 2011 Thailand is projected to record a slightly smaller current account surplus of 13.1 billion US dollars, equivalent to 3.6%of GDP (or within the range of 3.1 – 4.1%of GDP), as trade surplus is expected to fall to 11.7 billion US(or within the range of 10.7 – 12.7 billion US). More specifically, import value of goods is expected to grow at 14.6% (or within the range of 13.6 – 15.6%), while export value of goods is forecast to grow at 13.2% (or within the range of 12.2 – 14.2%)