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Thai Inflation at 1.8 Percent in First Nine Months.
Byline: Phusadee Arunmas
Oct. 2--The Consumer Price Index rose 1.4 percent year-on-year while the inflation rate in the first nine months of this year was 1.8 percent, according to the Internal Trade Department.
But the department still maintains that the year-on-year inflation rate would meet the current target of between 2 percent and 2.5 percent.
Siripol Yodmuangchareoan, the department's newly appointed director-general, said yesterday that the index in September was 133.0, an increase of 0.3 percent from August.
The index of non-food sectors rose by 0.3 percent in September compared with August, mainly because of higher oil prices and increases in the garment sector. The index for the food and beverage sector dropped by 0.5 percent due to the low price of fragrant rice and the impact of chicken and vegetables flooding the market.
However, the price of eggs increased last month due to fewer supplies while demand remained unchanged.
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