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Thai May heading CPI leaps 7.1% y/y, beats projection By Reuters

© Reuters. SUBMIT PICTURE: People using face masks look for street food in Chinatown in the middle of the spread of the coronavirus illness (COVID-19) in Bangkok, Thailand, January 6, 2021. REUTERS/Athit Perawongmetha/File Photo/File Photo

(Adds dropped “CPI” in heading)

BANGKOK (Reuters) – Thailand’s heading customer cost index (CPI) increased a much faster than anticipated 7.10% in May from a year previously, the commerce ministry stated on Monday.

That compared to a projection increase of 5.78% in a Reuters survey and following April’s 4.65% boost. The core CPI index was up 2.28% from a year previously, likewise beating a projection for a 2.2% increase.

Blake

News and digital media editor, writer, and communications specialist. Passionate about social justice, equity, and wellness. Covering the news, viewing it differently.

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