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Bangkok Post
Bangkok Post
Business

Thailand's June headline CPI up 2.42% y/y, below forecast

Thailand's headline consumer price ​index rose ‌by 2.42% in June from a year earlier, following an annual rise of 2.79% the previous ​month, the ⁠commerce ministry said on Monday.

The reading compared with a forecast ‌increase of 2.79% in a Reuters poll, and was inside the central bank's ⁠target inflation range of 1% to 3%.

The core CPI, which excludes volatile energy and fresh food prices, rose 1.23% ​in June compared to a year earlier.

The ministry ​maintained its ‌full-year inflation forecast of 1.5% to 2.5% this year.

​The ⁠CPI was seen rising further, Natiya Suchinda, deputy head ⁠of the Trade Policy and Strategy Office, told a media briefing.

Headline inflation was ⁠seen at 2.79% in ​the third quarter and 3.02% in the fourth quarter, the commerce ministry said.

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