Thailand: Inflation inches back down in February
March 2, 2017
In February, consumer prices rose by 0.04% on a month-on-month basis, down from the 0.16% increase recorded in January. Core consumer prices, which exclude energy and fresh food, increased 0.02% in February compared to the previous month (January: +0.07%).
Inflation came in at 1.4% in February, below January’s 1.6%. Nonetheless the reading was comfortably within the Central Bank’s target band of 1.0%-4.0% for the third consecutive month after two years below the lower bound. Core inflation dropped from 0.8% in January to 0.6% in February.