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Bangkok Post
Bangkok Post
Business

Thai headline inflation at 2.79% in May, below forecast

A lorry driver waits for a service station attendant to fill up the diesel tank at a PTT station in Nonthaburi on April 24. Pump prices rise due to the United States and Israel launched air strikes against Iran on Feb 28. (Photo: Pattarapong Chatpattarasill)

Thailand's headline ​consumer price index ‌rose by 2.79% in May from a year earlier, the Commerce Ministry said on Friday.

The reading ​compared ⁠with a forecast increase of 3.10% in a Reuters poll, and ‌followed a rise of 2.89% in April.

April's rise was the first ⁠annual increase in the headline CPI since March 2025, and largest since February 2023.

The core CPI, which excludes ​volatile energy and fresh food prices, rose by 0.92% in ​May ‌from a year earlier.

June headline inflation was expected ​to ⁠rise and could reach 3%, Nantapong Chiralerspong, head of the ⁠Trade Policy and Strategy Office, told a briefing.

The ministry maintained its full-year inflation ⁠forecast of 1.5% to 2.5% ​this year, inside the Bank of Thailand's target range of 1% to 3%.

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