Thai August headline CPI unexpectedly dips 0.02% y/y

FILE PHOTO: Bangkok's skyline photographed during sunset in Bangkok
FILE PHOTO: A view of Bangkok's port along Chao Phraya River is photographed during sunset in Bangkok, Thailand, June 2, 2021. REUTERS/Athit Perawongmetha/File Photo

September 6, 2021

BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) unexpectedly dropped 0.02% in August from a year earlier, due mainly to government subsidy measures, the commerce ministry said on Monday.

The reading compared with a forecast for a rise of 0.34% in a Reuters poll and followed July’s 0.45% increase.

(Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by Ed Davies)