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Inflation in Thailand is linked to oil prices.
Jul. 2--Thailand's headline inflation surged to 3 percent year-on-year in June on the back of record oil prices, while the index climbed 0.2 percent from May, according to the Commerce Ministry.
The country's core inflation, excluding energy and fresh food prices, was up 0.5 percent in June compared with the same month last year, but unchanged from May this year.
For the six-month period to June, inflation as measured by the consumer price index rose 2.3 percent from the same period last year, with core inflation for the period increasing 0.3 percent from the same period last year. The rise in the monthly index was attributable mainly to an increase of ...
- Oil prices and growth.
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Source: HighBeam Research, Inflation in Thailand is linked to oil prices.