Thailand’s Ministry of Commerce said the Consumer Price Index (CPI), or headline inflation, stood at 108.06 in October, up 5.98% from a year earlier and up 0.33% from September. The average inflation rate for the first 10 months of this year (Jan-Oct) increased by 6.15% compared to the same period last year.
The core consumer price index (CPI), or core inflation, stood at 103.78 in October, up 3.17% year-on-year and up 0.05% from September. Thus, the average core inflation rate in the first 10 months of this year increased by 2.35% compared to the same period last year.
“Inflation in October rose 5.98%, the slowest rate for two consecutive months, and inflation for the remaining two months of this year (Nov-Dec) remains unchanged and tends to slow down,” the Ministry of Commerce said.