Thailand’s consumer price index has dropped for four months in a row, to 106.98 points in January this year, which is the lowest since February 2021, said Poonpong Naiyanapakorn, director of the Office of Trade Policy and Strategy.

 

For the entire year, it is forecast that inflation will range from 0.3% to 1.7%, or an average of 0.7%, based on the assumption that growth will be between 2.7% and 3.7%, Dubai crude oil prices will range from 80-90 US dollars per barrel and the exchange rate will be 34-36 baht per US dollar.

 

The main factors contributing to the continuous drop in the consumer price index are the government’s measures to cut energy prices and the falling prices of fresh food, such as vegetables and meat, due to increased supply.

 

Full story: Thai PBS 2024-02-05

 

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Not my experience!  I record what I spend on a 'big shop' occasion.  On average I'm spending 8% more at MAKRO for each visit.  TOPS is up by an average of 9%.  Of course my shop contains some farang products like cereals.