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BANGKOK: Thailand’s inflation rate in April edged up to a seven-month high of 6 per cent, as high oil prices continue to put pressure on production costs and transportation, the government said on Monday.
Inflation rose from 5.7 per cent in March, hitting the highest level since October last year.
“Ongoing high oil prices have pushed up production costs and transportation expenses. In the past month, oil prices rose 3.9 per cent, which caused public transportation fares to rise to an average of 1.4 per cent,” the commerce ministry said in a statement.—AFP
