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☆ Thai headline inflation quickens in September, still below central bank target
  + stars: | 2024-10-07 | by ( ) www.cnbc.com   time to read: +1 min
The headline consumer price index rose 0.61% in September from a year earlier, after August's annual increase of 0.35%, and missed a forecast rise of 0.80% in a Reuters poll. Thailand's annual headline inflation quickened in September due mainly to higher prices of diesel and some vegetables, the commerce ministry said on Monday, and was still below the central bank's target range of 1% to 3%. The headline inflation rate is expected to be 1.25% in October and about 1.49% in the final quarter of 2024, Poonpong Naiyanapakorn, director of the trade policy and strategy office, told a press conference. In the January to September period, average annual headline inflation was 0.20%. The commerce ministry on Monday revised its forecast for the full year to between 0.2% to 0.8%, from between zero and 1% seen earlier.
Persons: Poonpong Naiyanapakorn Organizations: CPI
☆ Thai headline CPI rises 5.98% y/y in Oct, slightly below forecast
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +1 min
Summary Headline CPI +5.98% vs poll forecast +6.0%Core CPI up 3.17% vs poll's 3.20%Govt support, stable prices to slow inflation - ministryBANGKOK, Nov 7 (Reuters) - Thailand's headline consumer price index (CPI) rose 5.98% in October from a year earlier, official data showed on Monday, slightly lower than forecast and the slowest pace in six months. The rise follows September's 6.41% increase and was just shy of the 6.0% forecast in a Reuters poll. The core CPI index, which strips out energy and fresh food prices, was up 3.17% in October from a year ago, versus a forecast rise of 3.20%, the commerce ministry said. Headline inflation forecast for the year is still seen at the 5.5% to 6.5% range, the commerce ministry said. Reporting by Kitiphong Thaichareon, Satawasin Staporncharnchai; Writing by Chayut Setboonsarng; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
☆ Thai headline CPI rises 5.98% y/y in Oct, less than forecast
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: 1 min
BANGKOK, Nov 7 (Reuters) - Thailand's headline consumer price index (CPI) rose 5.98% in October from a year earlier, commerce ministry data showed on Monday, slightly lower than forecast. The rise follows September's 6.41% increase and was just shy of the 6.0% forecast in a Reuters poll. The core CPI index, which strips out energy and fresh food prices, was up 3.17% in October from a year ago, versus a forecast rise of 3.20%. "The inflation situation is slowing," senior commerce official Poonpong Naiyanapakorn told a briefing. Reporting by Kitphong Thaichareon and Satawasin Staporncharnchai, writing by Chayut Setboonsarng; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
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