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Thai October headline CPI rises 3.90% on year, above forecast
- The core CPI, which excludes volatile energy and fresh food prices, rose 1.58% in October from a year earlier
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Brief AI Generated summary
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.
Read the full article for:
- October's headline CPI surge above forecasts.
- How inflation compares to the central bank's target.
- The latest core inflation figures.
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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.