May consumer prices arise for 2nd month

A shopper shops during a dialect store in Bangkok May 31. The May consumer cost index boost 0.46% year-on-year. (Reuters photo)

Annual title consumer prices rose for a second true month in May, especially driven by aloft food prices due to drought, a Commerce Ministry pronounced on Wednesday.

The title CPI index increasing 0.46% in May from a year progressing after rising 0.07% in April, a initial annual benefit in 15 months. A Reuters check foresee a arise of 0.19% in May..

The core acceleration rate, that strips out tender food and appetite prices, was 0.78% in May, compared with 0.81% seen in a check and 0.78% in April.

 Inflation has been hold down by supervision cost controls, subsidies and soothing expenditure during a time when domicile debt stays high. The Bank of Thailand has left a process seductiveness rate unvaried during 1.50% given Apr 2015. The rate is only 25 basement points above a record low reached during a tellurian financial crisis.

The executive bank subsequent reviews financial process on Jun 22, and many economists design no change.

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Article source: http://www.bangkokpost.com/business/news/997701/may-consumer-prices-rise-for-2nd-month

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