Thailand's consumer inflation hits 14-year high in June

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Thailand's consumer inflation hits 14-year high in June

STORY: Thailand's consumer inflation hits 14-year high in June DATELINE: July 6, 2022 LENGTH: 00:02:44 LOCATION: Bangkok CATEGORY: ECONOMY SHOTLIST: 1. various of port, containers 2. various of Thai Bank, Thai baht (file) 3. various of cutaways of a car factory 4. Thailand supermarket 5. cutaways of Thai railway station 6. cutaways of Thai subway STORYLINE: Thailand's consumer inflation rose to a 14-year high in June, with the central bank under mounting pressure to normalize its monetary policy, official data showed on Tuesday. The consumer price index (CPI), a main gauge of inflation, increased 7.66 percent year on year in June, the highest level since July 2008, according to the Ministry of Commerce. On a monthly basis, the CPI edged up 0.9 percent from May, with the pace of growth moderating from May's 1.4-percent rise. For the first half of 2022, the CPI rose 5.61 percent from a year earlier, according to the ministry. The surge in prices, despite the government's imposing price caps on certain go

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