Economic Indicators

Thai headline CPI rises 0.83% y/y in Oct, below forecast

2024.11.05 23:03

BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) rose 0.83% in October from a year earlier, the commerce ministry said on Wednesday, remaining below the central bank’s target range for inflation of 1% to 3%.

© Reuters. Vendors sell pork at their stalls inside a market as Thailand is to inject $15.2 bln into economy next year through its digital wallet policy, in Bangkok, Thailand, October 2, 2023. REUTERS/Athit Perawongmetha/ File Photo

The figure compared with a forecast increase of 0.94% in a Reuters poll, and an annual inflation rate of 0.61% in September.

The core CPI, which excludes volatile food and energy prices, was up 0.77% on the year, versus a forecast rise of 0.79%.



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