ECONOMY
Annual inflation remained above 3% for the ninth straight month in August as food prices continued to rise.
The consumer price index rose by 3.3% last month from a year earlier after climbing 3.4% in July, 3.3% in June, 3.5% in May and 3% in April.
Food and beverage prices were up 7.5% year-on-year. Prices of vegetables and fruits were up as much as 40% from August last year, as heavy rains and floods disrupted cultivation and harvests in some areas.
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About the author
- Writer: Phusadee Arunmas
- Position: Business Reporter
