Inflation up 2.83% in March, slowest pace in 15 months

A customer buys vegetables from a vendor at Bang Khong Market in Pak Nam, Samut Prakan province. (Photo: Somchai Poomlard)

Thailand's headline consumer price index (CPI) rose a less than forecast 2.83% in March from a year earlier, the slowest pace in 15 months due to lower energy and food prices, the Commerce Ministry said on Wednesday.

The reading compared with a forecast rise of 3.30% in March in a Reuters poll. The core CPI index was up 1.75% in March from a year ago, versus a forecast increase of 1.82%.