CPI forecasted to increase 4.22% y/y in June.

By bne IntelliNews June 29, 2011
Thailand's consumer price index (CPI) is forecasted to increase 4.22% y/y in June this year, as compared to the rise of 4.19% y/y posted in May. As reported by Dow Jones International News, the core CPI is forecasted to increase 2.60% y/y during the period, as compared to the rise of 2.48% y/y recorded in April. The inflation is expected to record between 4.0%-4.5% for the rest of the year, whereas the core inflation is likely to reach the upper limit of the central bank's inflation target range of 0.5%-3.0%.
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