BANGKOK (Reuters) -Thailand’s headline consumer price index dropped 0.7% in July from a year earlier, after the previous month’s fall of 0.25%, the commerce ministry said on Wednesday.
The figure compared with a forecast fall of 0.40% in a Reuters poll, and was below the central bank’s target range of 1% to 3% for inflation.
The core CPI, which excludes volatile fresh food and energy prices, rose 0.84% in July from a year earlier, compared with a forecast increase of 0.90%.
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Writing by Chayut Setboonsarng; Editing by John Mair)
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