×

Thai headline CPI rises 0.83% y/y in Oct, below forecast

By Thomson Reuters Nov 5, 2024 | 9:43 PM

BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) rose 0.83% in October from a year earlier, the commerce ministry said on Wednesday, remaining below the central bank’s target range for inflation of 1% to 3%.

The figure compared with a forecast increase of 0.94% in a Reuters poll, and an annual inflation rate of 0.61% in September.

The core CPI, which excludes volatile food and energy prices, was up 0.77% on the year, versus a forecast rise of 0.79%.

(Reporting by Kitphong Thaichareon; Writing by Chayut Setboonsarng; Editing by John Mair, Martin Petty)