Thai consumer prices expected to fall 0.45% year-on-year in March
[BANGKOK] Thailand's consumer price index is expected to show a fall of 0.45 per cent in March from a year before, following a 0.52 per cent fall in February, a Reuters poll showed.
The fall in the headline measure of inflation in February for a second straight month was largely due to lower oil prices.
Inflation in Thailand has been benign, curbed by government price controls, the slump in oil prices and subdued domestic demand following political unrest that ended with a military coup in May last year.
Earlier this month the central bank cut its forecast for 2015 headline inflation to 0.2 per cent from 1.2 per cent.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Trump jury told how publisher buried negative press
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers