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Inflation in Thailand Rises to 1.6 Percent over Last December.

Bangkok Post (Bangkok, Thailand)

| January 03, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Phusadee Arunmas

Jan. 3--A rise in prices in both the food and non-food sectors drove the country's inflation rate in December, as measured by the Consumer Price Index (CPI) to 1.6 percent, compared with the same month in 2001.

The monthly inflation rate increased by 0.1 percent from the previous month, with the average inflation for the full year in 2002 standing at 0.7 percent, much lower than the 1.6 percent recorded for 2001, according to Karun Kittisataporn, the permanent secretary of Commerce.

The rise in inflation was mainly attributed to a rise in prices for products such as vegetable oils, soybeans, petroleum and personal ...

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Source: HighBeam Research, Inflation in Thailand Rises to 1.6 Percent over Last December.

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