March inflation beats forecast, still at 13-year high
Commerce Ministry raises forecast to 4%-5% this year
Headline consumer price index (CPI) jumped by a higher-than-expected 5.73% in March from a year earlier, the fastest pace in 13 years, driven by stronger prices of goods and energy, the Commerce Ministry said on Tuesday.
That compared with a forecast for a rise of 5.60% in a Reuters poll and followed February’s 5.28% increase, breaching the top end of the Bank of Thailand’s…
