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Thai August headline CPI rises 0.35% y/y, just below forecast

A mother and her daughter shop for bananas at a market in Bangkok
September 05, 2024
Reuters - Reuters

BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) rose 0.35% in August from a year earlier, after the previous month's annual increase of 0.83%, the commerce ministry said on Thursday.

The figure was compared with a forecast rise of 0.40% in a Reuters poll, and was below the central bank's target range of 1% to 3%.

The core CPI, which excludes volatile food and energy prices, was up 0.62% in August from a year earlier.

(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by John Mair)

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