Thai inflation rises for fifth month
| By Manager Online | 2 March 2010 18:01 |
 | | This photo was taken on January 15, 2010. Thailand's inflation averagely remained at 3.9 percent in the first two months of this year. AFP Photo. | |  |
March 2, 2010
BANGKOK (AFP) - Thailand's inflation rose for the fifth straight month in February, showing that the country is recovering from the global economic crisis, the commerce ministry said.
The index rose 3.7 percent year-on-year due to food prices that increased 5.1 percent and non-food sector items that rose 7.7 percent, it said.
"The increase in inflation clearly reflects that the economy has recovered in both the agricultural and industrial sectors," said a ministry statement.
Average inflation in the first two months of this year stood at 3.9 percent, it said.
The ministry maintained its original target for inflation this year at between 3.0 percent to 3.5 percent.
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