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Thai Inflation

Inflation rate in Thailand highest in 3 years

Sep 05, 2011

Thailand's inflation accelerated in August at the fastest pace in 35 months as food and energy prices rose.

The index of consumer prices climbed 4.29 percent from a year earlier, compared with 4.08 percent in July, staying above 4 percent for the fifth month in a row.

Commerce Ministry permanent secretary Yanyong Phuangrach said the increase was driven mainly by rising food prices, which soared 8.43 percent year-on-year, with the price of glutinous rice increasing 6.90 percent, fresh fruit and vegetables 14.47 percent and finished food 17.25 percent.

Inflation rate in Thailand highest in 3 years
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Source: Bangkok Post

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