Thai Government Seeks Rate Cut Big Enough to Halt Baht Gains

Thai Government Seeks Rate Cut Big Enough to Halt Baht Gains

Brent Lewin/Bloomberg

Consumer prices last month rose 2.42 percent from a year earlier, the slowest pace since November 2009, as the baht strengthened and oil prices declined, the Ministry of Commerce said yesterday. Inflation for the full year will average between 2.8 percent and 3.4 percent, it said.