Average headline inflation at 6.08% in 2022, seen at 2-3% this year
Thailand’s headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday.
The index compared with a forecast for a 5.9% rise in December in a Reuters poll and followed November’s 5.55% increase.
The pace remains well above the Bank of Thailand’s (BoT) target range of 1% to 3%, reinforcing expectations that the central bank will raise its key interest rate at its…
