News
Prayut urges steady interest rates
Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.Gen Prayut also vented his growing concern over a surge in the inflation rate after headline inflation, gauged by ...
Bangkok Post Reporter
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 ...
Testing the stagflation waters
Thailand’s economy has been mired in a contraction for five consecutive quarters, starting with a 1.8% dip in the first quarter of 2020 followed by an alarming 12.2% nosedive in the second quarter.The contraction was less severe at only 6.4% in the third quarter, shrinking ...
Bangkok Post Reporter
Consumer prices rise year-on-year for the first time since start of pandemic
Thailand’s headline consumer price index (CPI) in April jumped 3.41 per cent year-on-year to 100.48 points, the first time it rose in 14 months, the Ministry of Commerce said Wednesday.“The surge of consumer price index in April was the highest record in eight years and ...
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 ...
Phusadee Arunmas
CPI sinks for 11th month in January
The consumer price index (CPI), a gauge of headline inflation, fell 0.34% year-on-year last month, marking the 11th straight monthly decline since March 2020.According to Pimchanok Pitfield, director-general of the Trade Policy and Strategy Office, major contributions came from low energy prices (down 4.82%) from ...
Phusadee Arunmas
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 ...
Phusadee Arunmas
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 ...
Feb inflation slows, below forecast
The headline consumer price index (CPI) in February rose 0.74% from a year earlier, slowing from the previous month and below expectations, commerce ministry data showed on Thursday.A Reuters poll had forecast the headline CPI would rise 0.77% year-on-year in February after January’s 1.05% increase.Keep ...
January inflation highest in last eight months
The consumer price index representing the cost of inflation stood at 102.78 points in January, 1.05 per cent more than in December and the highest in eight months, Pimchanok Wonkorporn, director of the Trade Policy and Strategy Office, reported this week.She attributed the increase to ...
The Nation Reporter