Thai CPI Falls 1% On Year In September

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Thailand's consumer price index or CPI fell 1% year-on-year in September after falling at the same pace in August, data released by the Commerce Ministry showed Thursday. It matched economists' expectations.

On a monthly basis, the CPI rose 0.2% following an increase of 0.4% in August.

The core CPI, which excludes volatile items, fell 0.1% annually, but grew 0.1% month-on-month.

The Bank of Thailand kept its key policy rate unchanged at a record 1.25% in August for the third straight meeting. Since December last year, the central bank had made a cumulative reduction of 2.50 percentage point till April to shore-up the economy in the wake of global economic crisis.

Thailand's consumer price index or CPI fell 1% year-on-year in September after falling at the same pace in August, data released by the Commerce Ministry showed Thursday. It matched economists' expectations. (Market News Provided by RTTNews)