Thailand: Inflation recedes in February
Latest reading: Inflation edged down to 1.1% in February, from January’s 1.3%. Lower price pressures for transport chiefly drove the decline, outweighing stronger price growth for food plus housing and utilities.
The trend pointed up slightly, with annual average inflation coming in at 0.8% in February (January: 0.6%). Meanwhile, core inflation ticked up to 1.0% in February from the previous month’s 0.8%.
Finally, consumer prices dropped 0.02% over the previous month in February, swinging from January’s 0.10% rise.