Thai inflation lowest in nearly 3 years, but c.bank may hold rates

FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand. REUTERS/Jorge Silva

BANGKOK: Thailand's annual headline consumer inflation rate fell to its lowest in 35 months in January, data showed on Monday, and the commerce ministry said it expected price pressures to ease further in the first quarter.

The headline consumer price index (CPI) fell 1.11% in January from a year earlier, the commerce ministry said, versus a forecast drop of 0.82% in a Reuters poll, and against December's 0.83% fall.