Thai August headline CPI drops 0.50% year-on-year, smaller than forecast fall

 

FILE PHOTO: A woman walks at the Maeklong market next to the train tracks, on the outskirts of Bangkok, Thailand September 21, 2016. REUTERS/Jorge Silva

 

BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) declined 0.50% in August from a year earlier, a smaller than expected drop, commerce ministry data showed on Thursday.

 

The reading compared with a forecast for a fall of 0.65% in a Reuters poll, and July's 0.98% decline.

 

The core CPI index rose 0.30% from a year earlier, compared with a forecast of 0.30% increase, and against July's 0.39% rise.

 

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

 

-- © Copyright Reuters 2020-09-03

 

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Good to see the high speed railway line coming along nicely !

This is real good news !