Consumer prices drop 0.54% y/y in March, most in over 4 years

Thailand’s headline consumer price index (CPI) dropped 0.54% in March from a year earlier, the weakest in 51 months, but slightly better than expectations, commerce ministry data showed on Tuesday.

The reading compared with a forecast decline of 0.60% in a Reuters poll, and with February’s rise of 0.74%.

Keep reading…