Consumer prices still declining

The consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020.

According to Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, the decline was largely because of the government measures to reduce the cost of living via electricity and water bills, effective from February to March.

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Phusadee Arunmas