Thailand’s headline consumer price index rose 5.98 percent in October from a year earlier, commerce ministry data showed on Monday, slightly lower than forecast. | Reuters
BANGKOK – Thailand’s headline consumer price index rose 5.98 percent in October from a year earlier, commerce ministry data showed on Monday, slightly lower than forecast.
The rise follows September’s 6.41 percent increase and was just shy of the 6 percent forecast in a Reuters poll.The core CPI index, which strips out energy and fresh food prices, was up 3.17 percent in October from a year ago, versus a forecast rise of 3.2 percent. “The inflation situation is slowing,” senior commerce official Poonpong Naiyanapakorn told a briefing.
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