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Bangkok Post
Bangkok Post
Business

UNBELIEVABLE: Headline inflation lowest in 21 months - Caught on Camera

Inflation the Commerce Ministry Thailand
People visit a street food fair near the Sam Yan MRT station, Bangkok, on May 25, 2023. (Photo: Chanat Katanyu)

Thailand's headline inflation rate dropped to its lowest in 21 months in May due to falling energy and food prices and a high base in 2022, the Commerce Ministry said on Tuesday.

The headline consumer price index (CPI) rose 0.53% in May from a year earlier, below a forecast rise of 1.70% in a Reuters poll, and against April's 2.67% year-on-year increase.

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