33 C
Bangkok
Monday, April 29, 2024

Thailand’s consumer price index for January lowest for 35 months

Thailand’s consumer price index has dropped for four months in a row, to 106.98 points in January this year, which is the lowest since February 2021, said Poonpong Naiyanapakorn, director of the Office of Trade Policy and Strategy.

For the entire year, it is forecast that inflation will range from 0.3% to 1.7%, or an average of 0.7%, based on the assumption that growth will be between 2.7% and 3.7%, Dubai crude oil prices will range from 80-90 US dollars per barrel and the exchange rate will be 34-36 baht per US dollar.

The main factors contributing to the continuous drop in the consumer price index are the government’s measures to cut energy prices and the falling prices of fresh food, such as vegetables and meat, due to increased supply.

Inflation for January dropped by 1.11%, due mainly to decreases in the prices of energy, including diesel, gasohol 91, E20 and E85 and…

Read more…

Latest Articles