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Bangkok Post
Bangkok Post
Business

Headline inflation meets forecast in August, may have peaked

A woman walks past stacks of instant noodles at the Good Noodle store selling a wide variety of instant noodles from across Asia, in Bangkok on Aug 25, 2022. (AFP file photo)

Thailand's headline inflation rate in August rose slightly from the previous month to a 14-year high, in line with the forecast and reinforcing expectations of a further interest rate hike later this month.

The headline consumer price index (CPI) rose 7.86% in August from a year earlier, driven by energy prices and last year's low base, Commerce Ministry data showed on Monday. That compared with a forecast rise of 7.85% in a Reuters poll.

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