Inflation for the first month of 2024 decreased as expected.

         Mr. Poonpong Naiyanapakorn, the Director of Trade Policy and Strategy Office, revealed that the Consumer Price Index (CPI) in January 2024 was 106.98. Comparing to January 2023 (108.18), the headline inflation decreased by 1.11% (YoY). It has decreased for 4 consecutive months falling to the lowest level in 35 months. This resulted from a decrease in the prices of energy due to the government measures. In addition, the prices of fresh food, especially fresh vegetables and meat, have been continuously decreasing since last month. This is caused by the increase in the market supply and the relatively high baseline price in January 2023, contributing to the decrease in the inflation rate. As for other goods and services, their prices moved in a normal direction.

Press Eng January 2024 : 

Info CPI Eng :