Thailand’s core Consumer Price Index (CPI) has shown a marked increase for the month of August 2024, rising to 0.62% from the previous indicator of 0.52% in July 2024. This data, updated on September 5, 2024, signifies a notable change in economic activity compared to the same month last year.The core CPI, which excludes volatile food and energy prices, reflects underlying inflation trends. The increase highlights growing cost pressures within Thailand’s economy, suggesting a shift that could influence future economic policies and consumer behavior.Year-over-year comparisons indicate an acceleration in inflationary trends, as both the August and July figures are evaluated against their respective months in the previous year. Industry analysts are closely watching these developments to gauge the potential impact on Thailand’s broader economic landscape.The material has been provided by InstaForex Company – www.instaforex.com
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