Inflation rose 0.87% in June, slower than May's 1.15% - News Summed Up

Inflation rose 0.87% in June, slower than May's 1.15%


Inflation rose 0.87% in June, slower than May's 1.15%The consumer price index decelerated in June on lower prices in non-food and beverage sectors. A report from the Commerce Ministry said the consumer price index (CPI), which gauges headline inflation, rose by 0.87% year-on-year in June, decelerating from a 1.15% rise in May, 1.23% in April and 1.24% in March. On a month-to-month basis, prices rose 0.36% in June after rising 0.48% in May, mainly boosted by fresh fruits and vegetables. Core CPI, which excludes volatile food and energy prices, rose 0.48% year-on-year in June and 0.05% from May. Ms Pimchanok said consumer prices are expected to increase in the second half of the year driven by anticipated higher energy prices.


Source: Bangkok Post July 01, 2019 05:54 UTC



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