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Thailand Inflation September 2020

Thailand: Consumer prices slide again on an annual basis in September

Consumer prices fell 0.11% in September over the previous month, swinging from August’s 0.29% increase. September’s result marked the sharpest fall in prices since April. The decline was primarily driven by lower prices for food and non-alcoholic beverages.

Consumer prices decreased 0.7% year-on-year in September, following August’s 0.5% fall. Accordingly, the trend pointed down slightly, with the annual average variation of consumer prices coming in at minus 0.7% in September (August: -0.6%). Core inflation fell to 0.2% from August’s 0.3%.

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