Business
Thailand’s Inflation Jumps to 2.53% in August, Beating Forecasts as Fuel and Food Prices Rise
BANGKOK, Thailand — Thailand’s headline inflation accelerated sharply in August, rising 2.53% from a year earlier and exceeding market expectations as higher fuel and food prices added fresh pressure to household budgets. The August reading marked a significant increase from 1.95% in July and came in above the 2.37% median forecast in a Reuters poll. Despite the acceleration, inflation remained within the Bank of Thailand’s target range of 1% to 3%. The latest figures signal that Thailand's pe
