Headline CPI down 1.57%The headline consumer price index (CPI) dropped 1.57% in June from a year earlier, a less than expected decline, commerce ministry data showed on Friday. The core CPI index dipped 0.05% from a year earlier, the first drop in more than 10 years. The core CPI index, which strips out food and energy prices, dipped 0.05% from a year earlier, the first drop in more than a decade. In the January-June period, the headline CPI fell 1.13% year-on-year while the core index rose 0.32%, the commerce ministry said. It forecast the headline CPI to fall between 0.7% to 1.5% this year, Ms Pimchanok said.

Source: Bangkok Post July 03, 2020 04:37 UTC