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Tuesday, April 30, 2024

Inflation unexpectedly up in June but at slower pace

2023 exports seen between 0.5% fall and 1% growth

People visited the 27th Saha Group Fair, which took place at Bitec Bang Na between June 29 and July 2, 2023. This year’s event offered a wide selection of affordable food and consumer products from various brands. (Photo: Somchai Poomlard)

Thailand’s headline consumer price index (CPI) increased 0.23% in June from a year earlier, slowing from a 0.53% year-on-year rise in the previous month, the Commerce Ministry said on Wednesday.

Headline inflation was the lowest in 22 months, due to lower food and energy prices and a high base last year. It is expected to rise slightly in the third quarter, the ministry said.

The figure compared with a forecast…

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