Thailand’s CPI Rises at Faster-Than-Expected Rate, MoC Remains Easy on Curbing Measures

The Ministry of Commerce on Friday announced that Thailand’s Consumer Price Index (CPI) rose 3.23% YoY in January, beating the market’s expectation of 2.40%. However, the Ministry of Commerce noted that the reading is still at a lower rate and would not require any measures or policy to curb the inflation rate.

Meanwhile, the Core CPI in January rose 0.52%.