Thailand's headline consumer price index rose 3.90% year-on-year in October, exceeding forecasts and the central bank's inflation target, indicating persistent price pressures.
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October's headline CPI surge above forecasts.
How inflation compares to the central bank's target.
BANGKOK: Thailand’s headline consumer price index rose 3.90% in October from a year earlier, following an annual increase of 2.82% in the previous month, the commerce ministry said on Friday.
The reading compared with a forecast rise of 3.24% in a Reuters poll, and exceeded the central bank’s inflation target range of 1% to 3%.
The core CPI, which excludes volatile energy and fresh food prices, rose 1.58% in October from a year earlier.
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