Consumer prices rise 2.4 per cent

Thailand’s headline consumer price index (CPI) in May was up 2.44 per cent year-on-year to 99.55 points, led by prices in energy and fresh food categories, the Ministry of Commerce said Friday.

“The headline CPI rose for a second month in a row but slower than the previous month,” said Wichanun Niwatjinda, a deputy director at the Trade Policy and Strategy Office. The CPI in April recorded an eight-year-high by rising 3.41 per cent from last year.

The main factors were energy prices, which jumped by 24.8 percent year-on-year, coupled with increasing prices for pork, seafood, and fruit, Wichanun said.

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