Economic Indicators
Thai May headline CPI jumps 7.1% y/y, beats forecast
2022.06.06 07:41
FILE PHOTO: People wearing face masks shop for street food in Chinatown amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, January 6, 2021. REUTERS/Athit Perawongmetha/File Photo/File Photo
(Adds dropped “CPI” in headline)
BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) rose a much faster than expected 7.10% in May from a year earlier, the commerce ministry said on Monday.
That compared with a forecast rise of 5.78% in a Reuters poll and following April’s 4.65% increase. The core CPI index was up 2.28% from a year earlier, also beating a forecast for a 2.2% rise.
