Skip to content
Subscriber Only

Thailand Inflation Quickens to 13-Month High on Food Prices

Thailand’s inflation accelerated to a 13-month high in December, exceeding economists’ estimates, as subsidies failed to counter rising prices of food and fuel.

An index of consumer prices rose 3.63 percent last month from a year earlier, the Ministry of Commerce said in Nonthaburi province outside Bangkok today, compared with a 2.74 percent increase reported earlier for November. The median estimate of 12 economists in a Bloomberg News survey was 3.22 percent.