Thailand: Inflation returns to target in March
April 4, 2019
Consumer prices rose 0.41% in March over the previous month (February: 0.24% month-on-month) due to higher prices for food and non-alcoholic beverages; housing and furnishing; and transport and communication.
Inflation picked up to 1.2% in March, up from 0.7% in February and returning to the Central Bank’s 1.0%–4.0% target range. Lastly, core inflation, which excludes raw food and energy, was stable at February’s 0.6% in March.
Author: Jan Lammersen, Economist