BANGKOK: Inflation rose to 3.90% in October, driven largely by higher fuel prices, which accounted for more than half of the increase, according to the Ministry of Commerce.
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The Ministry of Commerce indicates that inflation in October surged to 3.90%, the highest in 45 months, due to high oil prices and flooding, which pushed up the prices of fresh vegetables and some food items. The consumer confidence index contracted due to high household debt.