Thailand’s headline inflation reached 3.90% year over year in October, its highest rate in 45 months, with fuel prices up 29.18% and food and non-alcoholic drink prices up 4.26%. The Commerce Ministry said flooding raised vegetable prices early in the month and expected inflation to remain positive in November.
Flood-related pressure on food prices and higher fuel costs can raise local food-production and transport expenses, though the report does not establish a direct move in feed-commodity prices.
Not enough comparable past events yet for a historical read.
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