Thailand’s inflation grew 1.32% year-on-year in January, making it the 10th consecutive monthly rise. Higher fuel costs and food and beverage prices drove the increase.
According to Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), this was the second consecutive month of inflation exceeding 1%.
The main reason for fuel price inflation was the low base the previous year.
Prices in the food and beverage category rose due to higher costs for fresh fruit, cooking ingredients and non-alcoholic beverages.
Source: Bangkok Post
