Thailand: Inflation at six-month low in April
May 3, 2017
In April, consumer prices increased 0.16% on a month-on-month basis, contrasting the 0.46% drop recorded in March. Core consumer prices, which exclude energy and fresh food, increased 0.02% in April compared to the previous month (March: +0.04% month-on-month).
Inflation came in at 0.4% in April, a slowdown from March’s 0.8% and also below market analysts’ forecast of a milder deceleration to 0.7%. The reading was thus further below the Central Bank’s target band of 1.0%-4.0%. Core inflation inched down from 0.6% in March to 0.5% in April.