Thai Nov headline CPI jumps 2.71per cent y/y, tops forecast

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BANGKOK : Thailand's headline consumer price index (CPI) rose a more-than- expected 2.71per cent in November from a year earlier, driven by higher oil and vegetable prices, the commerce ministry said on Friday.The reading compared with a forecast for a rise of 2.5per cent in a Reuters poll and followed Oc

BANGKOK : Thailand's headline consumer price index rose a more-than- expected 2.71per cent in November from a year earlier, driven by higher oil and vegetable prices, the commerce ministry said on Friday.

The reading compared with a forecast for a rise of 2.5per cent in a Reuters poll and followed October's 2.38per cent increase. The core CPI index was up 0.29per cent from a year earlier, versus a forecast for a 0.30per cent rise. For 2021, the ministry is maintaining its forecast for headline inflation of 0.8per cent to 1.2per cent.

 

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