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InfoQuest

Thailand's CPI falls for 12th consecutive months

March 08, 2021


Abstract : CPI has been declining for 12 consecutive months since the outbreak of COVID-19 in March 2020, and recorded 98.88 in February, down 1.17 percent compared with the same period last year.

InfoQuest (March 8, 2021) - CPI has been declining for 12 consecutive months since the outbreak of COVID-19 in March 2020, and recorded 98.88 in February, down 1.17 percent compared with the same period last year, according to Phusit Ratanakul Sereroengrit, Director General of the Trade Policy and Strategy Office, Ministry of Commerce, 

In February, the Core CPI was 100.39, up 0.04 percent compared with the same period last year, and the average Core CPI rose by 0.12 percent in January and February this year.

"Such drop is mainly due to the government's relief measures. Meanwhile, food prices have also declined with the increase of output," said Director Phusit.

Source: InfoQuest, by Suayaem/Kasamarporn/Rachada , translated by Xinhua Silk Road

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Keyword: Thailand's CPI

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