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Trade and Economic Indices for October 2024
Mr. Poonpong Naiyanapakorn, the Director General of the Trade Policy and Strategy Office, revealed that the Consumer Price Index (CPI) in October 2024 was 108.61. Comparing to October 2023 (107.72), the headline inflation increased by 0.83% (YoY). The main factor came from the rise in food prices, especially fresh vegetables and fresh fruits. Additionally, the prices of diesel fuel and electricity increased due to the low base price from the previous year, where there were government measures that helped reducing energy expenses more than this year. Meanwhile, the gasohol price decreased in accordance with global energy prices. Other goods and services did not have a significant impact on inflation.