BANGKOK: 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.

Thai central bank says baht movement tracking region, ready to act if necessary

The core CPI index was up 2.28% from a year earlier, also beating a forecast for a 2.2% rise.