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Thailand's May consumer inflation reaches 14-year high


webfact

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Vendors are seen at a food market in Bangkok, Thailand, March 30, 2022. (Xinhua/Rachen Sageamsak)

 

Source: Xinhua | Editor: huaxia

 

Thailand's May consumer inflation rose to the highest level since July 2008. The Ministry of Commerce attributed the CPI growth to higher food prices and energy costs.

 

BANGKOK, (Xinhua) -- Thailand's consumer inflation rose at a faster-than-expected pace of 7.1 percent year-on-year in May, the highest level since July 2008, on soaring energy and food prices, official data showed on Monday.

 

Growth of the country's consumer price index (CPI), a main gauge of inflation, exceeded April's 4.65 percent and beat a market expectation of 5.78 percent for May.

 

On a monthly basis, the CPI rose 1.4 percent from April, according to the Ministry of Commerce.

 

Full story: https://english.news.cn/20220607/83bb40e8ba324c26a81022846dea8d34/c.html

 

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-- © Copyright Xinhua 2022-06-11
 

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6 hours ago, webfact said:

Thailand's consumer inflation rose at a faster-than-expected pace of 7.1 percent year-on-year in May, the highest level since July 2008, on soaring energy and food prices, official data showed on Monday.

Pryaut said he'd keep an eye on rising prices, I wonder when he'll do something about it instead of watchng.

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