In August, Thailand's CPI rose 0.35% YoY, slightly below forecast, while core CPI increased 0.62%.

In August, Thailand's consumer price index (CPI) rose by 0.35% year-on-year, slightly below the 0.40% forecast in a Reuters poll and down from July's 0.83%. The core CPI, excluding food and energy, increased by 0.62%. Year-to-date, average headline inflation stands at 0.15%. The Bank of Thailand's inflation target is 1-3%, and officials plan to discuss a new target for 2025, aiming for lower interest rates.

September 05, 2024
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