Thai June headline CPI falls 1.57% year-on-year, less than forecast

[webfact]

Thai June headline CPI falls 1.57% year-on-year, less than forecast

 

FILE PHOTO: A supermarket employee wears a protective face shield and mask as he processes online orders at a shopping mall that is getting ready to reopen amid the outbreak of the coronavirus disease (COVID-19), in Bangkok, Thailand May 14, 2020. REUTERS/Jorge Silva

 

BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) dropped 1.57% in June from a year earlier, a less than expected decline, commerce ministry data showed on Friday.

 

The reading compared with a forecast for a fall of 2.80% in a Reuters poll, and May's 3.44% decline.

 

The core CPI index dipped 0.05% from a year earlier, the first drop in more than 10 years. That compared with a forecast of 0.0%, and May's 0.01% rise.

 

(Reporting by Kitiphong Thaichareon; Writing Orathai Sriring; Editing by Ed Davies)

 

-- © Copyright Reuters 2020-07-03

 

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[steven100]

so there you go .... CPI is down, of coarse it's down, not the same amount of money around.

[RichardColeman]

2 hours ago, webfact said:

That compared with a forecast of 0.0%

Lot of effort went into that forecast