BUSINESS Thailand's consumer prices up 2.44 pct in May

BUSINESS

Thailand's consumer prices up 2.44 pct in May

Xinhua

16:38, June 04, 2021

BANGKOK, June 4 (Xinhua) -- Thailand's consumer price index (CPI), a main gauge of inflation, rose 2.44 percent year on year in May, led by higher costs of energy and fresh food, the Ministry of Commerce said Friday.

Diners sit at socially-distanced tables in a food court in a shopping mall in Bangkok on May 17, 2021. (Photo: AFP)

The growth, weighed by the government's measures of lowering living costs via subsidizing electricity and water bill, eased from a CPI rise of 3.41 percent registered in April.

On a monthly basis, the CPI dipped 0.93 percent in May from the previous month.

Main factors of price rises were energy prices, which jumped 24.79 percent year on year, as well as higher prices of pork, seafood and fruit, according to the ministry.

A man rides an escalator outside a shopping mall in Bangkok on May 17, 2021. (Photo: AFP)

The country's core CPI, excluding energy and food prices, edged up 0.49 percent year on year in May, following April's 0.3-percent increase.

In the first five months of the year, the CPI climbed 0.83 percent from one year earlier, according to the ministry.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue