Thailand's headline inflation dips 0.25 pct in June

BANGKOK, July 7 (Xinhua) -- Thailand's headline inflation rate remained negative for a third successive month in June, driven by declining energy and food prices, official data showed on Monday.

The Southeast Asian country's consumer price index (CPI) dipped 0.25 percent last month from a year earlier, slowing from a 0.57 percent decrease in May, according to the Ministry of Commerce.

The June reading came in below the central bank's target range of 1 percent to 3 percent for the fourth consecutive month.

The price drop was attributed to lower gasoline, diesel, and fresh vegetable prices, indicating no signs of deflation, said Poonpong Naiyanapakorn, director general of the ministry's trade policy and strategy office.

The ministry maintains its headline CPI projection to range between zero percent and 1 percent in 2025.

More Thailand News

Access More

Sign up for Thailand News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!