Thailand’s July headline CPI falls 0.7% y/y, more than forecast
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[BANGKOK] Thailand’s headline consumer price index dropped 0.7 per cent in July from a year earlier, after the previous month’s fall of 0.25 per cent, the commerce ministry said on Wednesday.
The figure compared with a forecast fall of 0.40 per cent in a Reuters poll, and was below the central bank’s target range of 1 per cent to 3 per cent for inflation.
The core CPI, which excludes volatile fresh food and energy prices, rose 0.84 per cent in July from a year earlier, compared with a forecast increase of 0.90 per cent. REUTERS
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