Consumer prices rise year-on-year for the first time since start of pandemic
Thailand’s headline consumer price index (CPI) in April jumped 3.41 per cent year-on-year to 100.48 points, the first time it rose in 14 months, the Ministry of Commerce said Wednesday.
“The surge of consumer price index in April was the highest record in eight years and four months,” said Wichanun Niwatjinda, a deputy director at the Trade Policy and Strategy Office.
The CPI came out higher than anticipated in a Reuters’ analyst poll by 2.50 per cent. In March the figure fell 0.08 per cent from last year.