Thai May headline CPI falls 3.44%, biggest drop in nearly 11 years

[webfact]

Thai May headline CPI falls 3.44%, biggest drop in nearly 11 years

 

FILE PHOTO: A woman shop sat a supermarket inside a department store in central Bangkok, Thailand, January 31, 2017. REUTERS/Chaiwat Subprasom

 

BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) declined by 3.44% in May from a year earlier, the biggest contraction in nearly 11 years and more than expected, commerce ministry data showed on Thursday.

 

The reading compared with a forecast decline of 2.95% in a Reuters poll, and with April's 2.99% fall.

 

The annual core inflation rate was 0.01%, compared with a forecast of 0.35%, and April's 0.41%.

 

(Reporting by Kitiphong Thaichareon; Writing Orathai Sriring; Editing by Muralikumar Anantharaman)

 

-- © Copyright Reuters 2020-06-04

 

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[1Gringo]

where exactly and on what products did anybody find reduced prices?

 

we recently had an egg glut and the price of eggs went up while the quality of the eggs went down.

 

does this fit the description?????

[Trillian]

30 minutes ago, 1Gringo said:

where exactly and on what products did anybody find reduced prices?

 

we recently had an egg glut and the price of eggs went up while the quality of the eggs went down.

 

does this fit the description?????

Vegetables and diesel/gasoline. Oh, and utilities.

Edited June 4, 2020 by Trillian

[Cake Monster]

A trip to that large Big C Supermarket in Pattaya Klang will tell you a different story.

Thai business nounce = Less customers, then put up the prices by 20%.

Less footfall, but the same money ringing through the cash registers.

Market Traders putting up prices " because Vegetable costs have gone up "

CPI down ????

Stop pulling my chain

[Trillian]

27 minutes ago, Cake Monster said:

A trip to that large Big C Supermarket in Pattaya Klang will tell you a different story.

Thai business nounce = Less customers, then put up the prices by 20%.

Less footfall, but the same money ringing through the cash registers.

Market Traders putting up prices " because Vegetable costs have gone up "

CPI down ????

Stop pulling my chain

Do your own research then and see for yourself, there's plenty of accounts in the media about this.

[bluedoc]

2 hours ago, Trillian said:

Do your own research then and see for yourself, there's plenty of accounts in the media about this.

So you believe what the media says.????

[hotchilli]

18 hours ago, webfact said:

BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) declined by 3.44% in May from a year earlier, the biggest contraction in nearly 11 years and more than expected, commerce ministry data showed on Thursday.

Everything seems to be dropping more than expected, except the impervious Baht, funny that?

[baansgr]

12 hours ago, Cake Monster said:

A trip to that large Big C Supermarket in Pattaya Klang will tell you a different story.

Thai business nounce = Less customers, then put up the prices by 20%.

Less footfall, but the same money ringing through the cash registers.

Market Traders putting up prices " because Vegetable costs have gone up "

CPI down ????

Stop pulling my chain

I've not seen any increases, infact numerous products have reduced in price, eggs and chicken to name a few. Veg same same as befor