Thailand's May CPI rose 2.79 pct YoY, down from 2.89 pct in April, the commerce
ministry said on Friday. The slowdown, still within the Bank of Thailand's
target range, eases pressure on the BOT to tighten policy. The BOT has described
price gains as transitory and said tightening has limited effect on
supply-driven shocks; Governor Vitai Ratanakorn said the current policy rate
remains appropriate. The commerce ministry expects June inflation around 3 pct
and to remain above 3 pct in H2.