Consumer price index

Consumer price index

Thai inflation rate positive for first time in seven months

April consumer prices in Thailand rose by 0.19%, marking the first positive inflation rate in seven months. Despite this increase, the rate is still below the central bank's target. This slight rise in consumer prices is a positive sign for the country's economy, indicating a potential turnaround in the inflation trend.

The consumer price index is a key indicator of inflation and is closely monitored by policymakers and economists. The recent uptick in consumer prices suggests that the economy may be starting to recover from the impact of the COVID-19 pandemic. As consumer spending increases and demand picks up, we may see further improvements in the inflation rate in the coming months.