News

Thailand: April inflation highest in 8 years and 4 months

Thailand
Published May 6, 2021

Tridge summary

April inflation returned to a 14-month expansion, rising 3.14% and the highest growth in eight years and four months due to the continued increase in oil prices.

Original content

Mr. Wichanan Niwachinda, Deputy Director of the Office of Trade Policy and Strategy Disclose the consumer price index (Headline inflation) in April 2021 that it returned to expansion again in 14 months and the highest growth in 8 years and 4 months due to the continual increase in oil prices this year compared to base prices. That was very low in the previous year. In addition, the measures to reduce the cost of living in public utilities have ended. In addition, many types of fresh food rose in line with the declining yield. While other products and services Continues to move in normal direction However, this month's inflation. It was 3.41% higher compared to the same month last year, mainly due to a 36.38% jump in energy products (compared to 1.35% last month), partly due to the very low base of oil prices last year. before And the retail price of fuel in the country this year has continued to increase according to the world market price. Together with measures to reduce ...
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