Inflation inches up 0.35% in August

PUBLISHED : 6 Sep 2024 at 05: 32 The CPI in August increased by 0.07% month-on-month, mostly associated to a 0.79% gain in the food and non-alcoholic drinks classification. (Photo: Somchai Poomlard) Inflation increased by 0.35% in August, driven by increasing rates of fresh veggies and fruit as a outcome of production locations harmed by floods. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), stated heading inflation in August increased by 0.35% year-on-year duetothefactthat of increasing food rates, specifically fresh veggies and fruit as flooding impacted some farming locations and reduced crop yields. In addition, the costs of rice, glutinous rice and ready-to-eat meals increased. As for other items and services, their costs moved in a regular instructions, he stated. The customer rate index (CPI) in August compared with July increased by 0.07% month-on-month,
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