Consumer prices rose at a slower pace in January as the prices of crude oil and fresh fruits and vegetables dropped. The rise was largely thanks to food prices, especially for rice, flour and cereal products, poultry, eggs, dairy products and seasonings. On a month-to-month basis, prices contracted 0.02% from December because of a decline in the prices of oil, transport and communications. Core CPI, which excludes volatile food and energy prices, rose 0.69% year-on-year in January and 0.04% from December. "Inflation is nothing to be concerned about, as the lower rate in January stems largely from a reduction of oil prices," she said.

Source: Bangkok Post February 01, 2019 23:37 UTC