Thai Consumer Prices Continue To Fall

  @ibtimes on

RTTNews - Monday, the Commerce Ministry said in a report that Thailand's consumer prices dropped 4.4% on a yearly basis in July, following a 4% decline in June. Economists had expected only 4.3% annual drop.

The core CPI that excludes fresh food and energy dipped 1.2% in July compared to a 1% fall in June.

The Commerce Ministry forecasts consumer prices to drop as much as 1% this year. At the same time, the central bank estimates prices to fall up to 1.5% in 2009.

For comments and feedback: contact editorial@rttnews.com

Join the Discussion
Nintendo's Newest Kirby Game Is A Total Detour
Nintendo's Newest Kirby Game Is A Total Detour
Fitbit's First Activity Watch Falls Short
Fitbit's First Activity Watch Falls Short
Dying Light Is The Spiritual Successor To 'Dead Island'
Dying Light Is The Spiritual Successor To 'Dead Island'
The Last Mitsubishi Evolution
The Last Mitsubishi Evolution
The i8 Is Proof BMW Should Make More Mid-Engined Cars
The i8 Is Proof BMW Should Make More Mid-Engined Cars
QD Vision Shows Off Cheap 4K TVs
QD Vision Shows Off Cheap 4K TVs

More Video