September 27, 2019 / 7:19 AM / 2 months ago

Thai September headline inflation rate seen easing to 0.44%: Reuters poll

People shop at a supermarket inside a department store in central Bangkok, Thailand, December 28, 2016. Picture taken December 28, 2016. REUTERS/Athit Perawongmetha

BANGKOK (Reuters) - Thailand’s annual headline inflation rate in September likely slowed from the previous month and stayed below the central bank’s target range for a fourth straight month, a Reuters poll showed on Friday.

The median forecast of 13 economists was for the headline consumer price index (CPI) to increase 0.44% in September from a year earlier, after 0.52% rise in August.

The central bank forecast headline inflation of 0.8% for this year, against its 1%-4% target range.

The core inflation rate, which strips out energy and fresh food prices, was seen at 0.43% in September, according to the poll. It was 0.49% in August.

On Wednesday, the Bank of Thailand (BOT) left its benchmark interest rate THCBIR=ECI unchanged at 1.50% after August’s surprise reduction.

It will next review monetary policy on Nov. 6.

Reporting by Satawasin Staporncharnchai; Editing by Orathai Sriring and Rashmi Aich

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