Inflation falls despite minimum wage rise | Bangkok Post: business

Business >

Inflation falls despite minimum wage rise

- +

Inflation in January eased from a 13-month high in December, indicating last month's nationwide minimum wage rise has made only a limited impact. 

Commerce Ministry figures show annual headline inflation was 3.39% year-on-year last month, down from December's 3.63%, which was the highest since November 2011.

The ministry last month started using 2011 instead of 2007 as the base year for calculating inflation.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

8 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments