April consumer prices dive

The consumer price index (CPI), a gauge of headline inflation, fell 2.99% year-on-year in April, the biggest decline in 10 years and nine months.

The major contributions came from energy prices, which saw the biggest drop in 11 years and two months, and discount goods and services under the government’s measures aimed at reducing the cost of living during the coronavirus crisis.

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Phusadee Arunmas