Sept inflation beats forecast as state subsidies endAn employee dresses the windows of an H&M store on the day of shops reopening at Siam Paragon mall in Bangkok on Sept 1, 2021, as Covid-19 coronavirus restrictions begin to ease across the nation. (AFP photo)The headline consumer price index (CPI) rose more than expected in September as government utility subsidies ended and energy prices increased, the Commerce Ministry said on Tuesday. The CPI rose 1.68% in September year-on-year, the most in four months, compared with a forecast for a rise of 0.70% in a Reuters poll. October's CPI is expected to be similar to September's pace, ministry official Wichanun Niwatjinda told a news conference on Thursday. In the January-September period, headline CPI rose 0.83% from a year earlier, with the core rate up 0.23%.

Source: Bangkok Post October 05, 2021 07:18 UTC