August cost of living up 0.29% on rising food prices

August cost of living up 0.29% on rising food prices

Vendors make brisk sales of fresh, prepared food at market in Nonthaburi on Monday. (Photo by Nittaya Nattayai)
Vendors make brisk sales of fresh, prepared food at market in Nonthaburi on Monday. (Photo by Nittaya Nattayai)

The Consumer price index (CPI) for August stood at 106.64 points, an increase of 0.29% year-on-year, pushed mainly by rising food prices, the Commerce Ministry reported on Thursday.

The CPI rose for a fifth straight month in August on a yearly basis but when compared to July, it was 0.04% down. 

Prices of food and non-alcoholic beverages rose by 1.88%, but the non-food sector dropped by 0.59% in August. 

August's annual core inflation, which strips out raw food and energy prices, was 0.79% higher than the same month in 2015.

The CPI over the eight month period was down 0.03% on the same period in 2015.

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