Heading inflation edges up in July

PUBLISHED : 8 Aug 2023 at 06: 51 Mr Poonpong reveals the customer cost index and inflation figures for July at a press conference held at the Commerce Ministry. Headline inflation was weaker than anticipated in July, assisted by lower food and energy costs, while the Commerce Ministry predicted the inflation rate in the following months till the end of the year to boost by less than 1% a month. The Commerce Ministry reported on Monday that heading inflation, determined by the customer rate index, increased by 0.38% year-on-year in July versus June’s 0.23% increase. Poonpong Naiyanapakorn, director-general of the Trade Policy Strategy Office, stated the primary factors were a 1.49% year-on-year increase in the costs of food and non-alcoholic drinks. Items that haveactually seen rate increases consistedof fresh veggies and fruits (lime, ginger, eggplant, rambu
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