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Thailand Inflation of 1.6 Percent Lower Than Anticipated.

Bangkok Post (Bangkok, Thailand)

| January 03, 2002 | COPYRIGHT 2002 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--Thailand posed 1.6 percent inflation last year, less than anticipated, according to the Internal Trade Department which projects inflation of between 1.8 percent and 2 percent this year, in line with economic growth of 2 percent.

The index in December rose by 0.8 percent year-on-year, but was 0.3 percent down from November because of lower prices of farm items, particularly fragrant rice and fresh produce.

Siripol Yodmuangcharoen, the department's director-general, said the consumer price index for 2001 was 132.3 points, up by 1.6 percent from 130.2 a year earlier. The index, based on a survey of 270 different ...

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Source: HighBeam Research, Thailand Inflation of 1.6 Percent Lower Than Anticipated.