Thai May headline CPI rises 2.44per cent year on year, lower than forecast

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Thailand's headline consumer price index (CPI) rose for a second straight month in May, up 2.44per cent from a year earlier, the commerce ministry ...

Thailand's headline consumer price index rose for a second straight month in May, up 2.44per cent from a year earlier, the commerce ministry said on Friday, slightly missing analyst expectations.

FILE PHOTO: A mother and her daughter shop for bananas at a market in Bangkok, Thailand, March 31, 2016. REUTERS/Athit PerawongmethaBANGKOK: Thailand's headline consumer price index rose for a second straight month in May, up 2.44per cent from a year earlier, the commerce ministry said on Friday, slightly missing analyst expectations.

The figure, weighed down by government utility subsidies, compared with a forecast for a rise of 2.85per cent in a Reuters poll and followed April's 3.41per cent increase.The core CPI index was up 0.49per cent from a year earlier, versus a forecast for a 0.45per cent rise.

 

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