Prices claw upwards in NovemberConsumer prices, which gauge headline inflation, ended four consecutive months of deceleration in November. On Monday, the Commerce Ministry revealed overall consumer prices rose 0.21% year-on-year in November, quickening from 0.11% in October, 0.32% in September, 0.52% in August and 0.98% in July. Farmer incomes also rose on higher prices for major agricultural crops," said Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office. On a month-on-month basis, consumer prices in November decreased 0.13% from October, mainly due to a fall in the prices of oil prices and some vegetables such as Chinese kale, long beans and morning glory. Prices decreased for 106 items such as Chinese kale, long beans, morning glory, seasonings, retail petrol and cooking oil.

Source: Bangkok Post December 02, 2019 23:59 UTC