Thailand's headline inflation climbs 1.32 pct in January-Xinhua

Thailand's headline inflation climbs 1.32 pct in January

Source: Xinhua

Editor: huaxia

2025-02-06 17:10:15

BANGKOK, Feb. 6 (Xinhua) -- Thailand's headline inflation picked up in January, driven by rising fuel and food prices, official data showed on Thursday.

The Southeast Asian country's consumer price index (CPI) climbed 1.32 percent last month from a year earlier, quickening from a 1.23 percent increase in December 2024, according to the Ministry of Commerce.

The core CPI, which excludes raw food and energy prices, rose 0.83 percent year-on-year in January, inching up from a 0.79 percent gain in the previous month, said Poonpong Naiyanapakorn, director general of the ministry's trade policy and strategy office.

In February, the headline CPI is expected to continue growing at a similar pace due to a higher price ceiling for diesel, an ongoing recovery in the tourism sector and increased agricultural product prices as a prolonged drought reduced yields, Poonpong told a news conference

The ministry projects headline inflation to rage between 0.3 percent and 1.3 percent in 2025.