Thailand’s inflation follows upward trend

Thailand’s inflation went up 4.65 percent in April from the same period last year and is expected to increase this month due to rising prices of fuel and cooking gas, according to the Thai Ministry of Commerce’s Trade Policy and Strategy Office.
Thailand’s inflation follows upward trend ảnh 1In Bangkok, Thailand (Photo: AFP/VNA)
Bangkok (VNA) – Thailand’s inflation went up 4.65 percentin April from the same period last year and is expected to increase this monthdue to rising prices of fuel and cooking gas, according to the Thai Ministry ofCommerce’s Trade Policy and Strategy Office.

The April consumer price index (general inflation) stood at105.15, up 0.34 percent from March and 4.65 percent on-year.

The office director-general, Ronnarong Phoolpipat, said thegrowth in April was lower than in February and March, when the increase was thehighest in 13 years at 4.71 percent.

The Ministry of Commerce expects inflation to continue its surgein May and forecast the rate at between 4 and 5 percent this year, which itdescribed as “suitable” in the current situation./.
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