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Friday, May 3, 2024

Headline inflation declines

A vendor prepares fresh vegetables in an alley in the Bang Khun Non area. Prices of certain food items, including fresh vegetables, are lower than last year. (Photo: Apichart Jinakul)

Headline inflation declined for the first time in 25 months in October, largely attributed to lower energy prices and several government support measures.

The Commerce Ministry reported on Monday headline inflation, gauged by the consumer price index, decreased by 0.31% year-on-year in October, compared with a 0.3% year-on-year uptick in September.

Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said…

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