Thailand Dec headline CPI rises 0.78pc

4 January, 2018 12:00 AM printer

BANGKOK: Thailand's headline consumer prices rose again in December, but were below forecasts and the central bank's target range, commerce ministry data showed on Wednesday, giving policymakers room to keep interest rates low.

The headline consumer price index rose 0.78 per cent in December from a year earlier, after November's 0.99 per cent rise, reports The Business Times.

The BOT has left its policy interest rate unchanged at 1.50 per cent since April 2015. The rate is just 25 basis points above the record low. It next reviews its monetary policy on Feb 14. Most economists expect no policy change throughout 2018, but some predict an interest rate hike in the second half of the year.