Thailand’s inflation remained at a low level

Mr. Poonpong Naiyanapakorn, the Director-Generalof TPSO reveals that Consumer Price Index (CPI) in July 2023 was at 107.82. When compared to 107.41 in July 2022, the headline inflation rose only by 0.38 percent (YoY) and remained at a low level. The main contributions were a deceleration of food prices, especially a 3-month drop in prices of pork and seasonings, a 5-month fall in fuel prices compared with the previous year, as well as a high-price base in July 2022.

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