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Monday, April 29, 2024

Price hikes hit over 200 goods items

The prices of some 204 goods and services have risen during the past 12 months, according to the Trade Policy and Strategy Office (TPSO).

Ronnarong Poonphiphat, the office’s director, yesterday unveiled price movements of goods and services during the past year, based on data used to put together the Consumer Price Index (CPI).

The CPI was calculated by comparing prices of 430 goods and services in seven categories of essential items — food and non-alcoholic beverages, clothes and shoes, housing, medical care and personal services, transport and communications, entertainment, reading and education, and tobacco and alcoholic beverages, he said.

The prices were compared with those during the base year and adjusted for inflation, he said, adding that inflation rose by 1.68% last month, compared to the same month last year. The rate was not high compared to other…

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