Thai inflation outside c.bank's target for eight straight months

BANGKOK: Thailand's headline consumer price index (CPI) dropped 0.83% in December from a year earlier, the commerce ministry said on Friday, making it the eighth straight month that it was outside the central bank's target of 1% to 3%.

The drop in December compared to a 0.44% year-on-year drop in November, and was the lowest in 34 months and the third consecutive month the index declined.