2013 inflation slows for third straight month | Bangkok Post: news

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March inflation up by 2.69% yr-on-yr

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Inflation in March was up 2.69% year-on-year as farm prices rose on the back of drought in many areas of production. 

However, this year, inflation slowed for a third straight month in March, as government subsidies held down prices and people's consumption dropped thanks to school holidays and the price of livestock fell because of an over supply. 

Commerce Ministry figures show annual headline inflation rose by 2,69%, compared with 3.23% in February, and 3.39% in January, and against 3.63% in December, which was the highest since November 2011 when Thailand was hit by the great flood. 

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