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Thailand Inflation July 2020

Thailand: Consumer prices fall at milder rate in annual terms in July

Consumer prices increased 0.66% in July over the previous month, slowing from June’s 1.56% rise. The result was largely driven by milder price pressures for housing and furnishings, partially offset by rising prices for food and non-alcoholic beverages.

Consumer prices fell 1.0% year-on-year in July, less than June’s 1.6% decrease. The annual average variation of consumer prices fell further to minus 0.4% in July (June: -0.3%).

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