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Bangkok Post
Bangkok Post
Business

RARE PHOTOS: Inflation slowing as supply increases | Rare Historical Photos

Business is brisk at a fresh market in Pathum Thani province. The Commerce Ministry reports the soaring cost of living is finally slowing down as supply increases. (Photo: Nutthawat Wicheanbut)

Inflation slowed for three consecutive months, easing from 5.9% in October to 5.5% in November, on prices of fresh food and ingredients as supply increased, according to the Commerce Ministry.

Poonpong Naiyanapakorn, director-general of the ministry's Trade Policy and Strategy Office, said the consumer price index stood at 107.92 in November, compared with 102.25 a year earlier. Headline inflation ran at 5.5% in November, slowing from 6.41% in September and 5.98% in October.

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