BANGKOK :Thailand's annual headline inflation unexpectedly rose in June but at its slowest pace in 22 months, and the commerce ministry on Wednesday lowered its forecast for consumer prices rises for the whole year.The headline consumer price index (CPI) increased 0.23 per cent in June from a year earlier, co
BANGKOK :Thailand's annual headline inflation unexpectedly rose in June but at its slowest pace in 22 months, and the commerce ministry on Wednesday lowered its forecast for consumer prices rises for the whole year.
The slower headline pace was due to lower food and energy prices and a high base last year, which should continue to help hold down consumer prices, the ministry said. In June, the core CPI was up 1.32 per cent from a year earlier, compared with a forecast for a 1.4 per cent rise in the poll. The ministry predicts the headline CPI will rise 0.77 per cent year-on-year in the third quarter and 0.62 per cent in the final quarter of the year, he said.
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Thai headline CPI unexpectedly rises in June but at slower paceBANGKOK : Thailand's headline consumer price index (CPI) increased 0.23 per cent in June from a year earlier, slowing from a 0.53 per cent year-on-year rise in the previous month, the commerce ministry said on Wednesday.Headline inflation was the lowest in 22 months, due to lower food and energy prices an
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