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Bangkok Post

Business

Headline CPI up 2.67%, slowest in 16 months

the Commerce Ministry Inflation BoT Thailand

People commute on Kanchanaphisek Road in Bang Yai district of Nonthaburi province on April 16, 2023. (Photo: Apichart Jinakul)

Thailand's headline inflation dropped to its lowest in 16 months in April, coming in close to expectations owing to lower energy and food prices and a high base in 2022, the Commerce Ministry said on Wednesday.

The headline consumer price index (CPI) rose 2.67% in April from a year earlier, compared with a forecast rise of 2.70% in a Reuters poll, and against March's 2.83% increase.

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