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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