Inflation rose 0.17% year-on-year in July after two consecutive months of contraction, due to higher prices except those of foods and beverages. Compared to the same month last year, the prices, except those of foods and beverages, rose by 0.57%. Core inflation, excluding fresh foods and energy, stood at 101.30, up 0.48% year-on-year and 0.08% higher from the previous month. In the first seven months of this year, inflation ran at 0.60% year-on-year with core inflation edging up by 0.55%. The Commerce Ministry predicted inflation would range between 0.7% and 1.7% this year provided the economy expand by 3-4%, she said.

Source: Bangkok Post August 01, 2017 11:15 UTC