Thai August headline CPI unexpectedly dips 0.02% y/y

BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) unexpectedly dropped 0.02% in August from a year earlier, due mainly to government subsidy measures, the commerce ministry said on Monday.

The reading compared with a forecast for a rise of 0.34% in a Reuters poll and followed July’s 0.45% increase.

(Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by Ed Davies)