Not much to comment on this, it still doesn’t quite help to explain why the BOT flip flopped on its interest decision at the end of last month, but ok here are the quick points:
- Food and drink prices went up 3.35 per cent on year in October
- Non-food inflation rose 3.28 per cent – mostly due to the 7.68 per cent increase in prices of tobacco and alcoholic drinks.
- Non-food category, the transport and communication price index rose 4.22 per cent.
- Thailand’s inflation averaged at 2.99 per cent during the first 10 months of this year