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Thailand's consumer price annual inflation stood at 3.5% in December, up from November's 1.9%, the Commerce Ministry reported Monday. Headline inflation in Southeast Asia's second-largest economy turned positive in November after nine months of deflation. However, the annual rate stayed below the consensus forecast of 3.7%. Core annual inflation was 0.2% in December versus an expected rate of 0.3%.
On December 2, the Bank of Thailand said current global inflationary pressure continues to be subdued. Also, the pressure of demand on inflation in Thailand remained subdued at the present time.
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