Thai September headline CPI drops 0.7% year-on-year, bigger than forecast fall

 

FILE PHOTO: A mother and her daughter shop for bananas at a market in Bangkok, Thailand, March 31, 2016. REUTERS/Athit Perawongmetha

 

BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) fell 0.70% in September from a year earlier, a slightly bigger than expected decline, commerce ministry data showed on Monday.

 

That compared with a forecast for a contraction of 0.64% in a Reuters poll, and August's 0.50% drop.

 

The core CPI index rose 0.25% from a year earlier, compared with a forecast of a 0.21% increase, and against August's 0.30% rise.

 

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

 

-- © Copyright Reuters 2020-10-05

 

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Not surprising at all, the money they put into the hands of those who spent it is now gone, and still they try and paint a rosy picture.  Why is the Baht still climbing higher.  Crazy times we live in.

5 hours ago, ThailandRyan said:

Not surprising at all, the money they put into the hands of those who spent it is now gone, and still they try and paint a rosy picture.  Why is the Baht still climbing higher.  Crazy times we live in.

Teflon coating.