Bangkok - Thailand's inflation fell by 3 per cent in August, compared with the previous month, as the government's populist policies on reduced utility bills went into effect and world oil prices fell, commerce officials said Monday.
Year-on-year inflation in August was at 6.4. per cent, but it was down 3 per cent compared with July, when the Consumer Price Index (CPI) rose 9.2 per cent year-on-year.
The CPI for the first eight months was 6.7 per cent, said Commerce Ministry Permanent Secretary Siripol Yotmuangcharoen.