Thailand: Consumer prices continue to fall in annual terms in October
November 5, 2020
Consumer prices rose 0.05% in October over the previous month, swinging from the 0.11% fall recorded in September. The uptick in price pressures was largely due to rising prices for food and non-alcoholic beverages.
Consumer prices fell 0.5% on an annual basis in October, a smaller drop than September’s 0.7% decrease. Meanwhile, the trend was unchanged with the annual average variation of consumer prices coming in at minus September's 0.7% in October. Lastly, core inflation was unchanged, coming in at September's 0.2% in October.
Author: Stephen Vogado, Economist