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Thai headline inflation seen positive early next year: central bank chief

[BANGKOK] Thailand's headline consumer prices are expected to be positive early next year but inflationary pressure remains subdued, the central bank governor said on Wednesday. "There is no problem with price stability at the moment. Although inflation will be positive early next year, overall inflationary pressure is still low," Bank of Thailand Governor Veerathai Santiprabhob told reporters.

Thailand's annual headline consumer prices slipped for an 11th consecutive month in November due mainly to lower oil prices.

The central bank expects annual headline consumer prices to rise 1.2 per cent for full-year 2016 after a forecast 0.9 per cent fall this year.

REUTERS

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