Sunday, April 29, 2007

Thai Inflation Rate, at 3-Year Low, May Fall as Protests Slow Consumption

(Bloomberg) -- Thailand's inflation probably slowed in April, maintaining the three-year low reached a month earlier, as mounting anti-government protests and escalating terror attacks in the south curbed consumption.

Consumer prices in April gained 1.7 percent from a year earlier, the lowest since January 2004, according to the median estimate of 16 economists surveyed by Bloomberg News. Prices rose 2 percent a month earlier. The Commerce Ministry report is due on May 1 at 11 a.m. local time.


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