CPI sinks for 11th month in January
The consumer price index (CPI), a gauge of headline inflation, fell 0.34% year-on-year last month, marking the 11th straight monthly decline since March 2020.
According to Pimchanok Pitfield, director-general of the Trade Policy and Strategy Office, major contributions came from low energy prices (down 4.82%) from a decrease in the fuel tariff (Ft), a key factor for calculating monthly power bills, and a continuous decline in rice and glutinous rice prices since the end of 2020 as Thai rice production was not affected by drought and demand remains stable.
Phusadee Arunmas
