The Internal Trade Department is predicting that egg prices will remain high until the end of month, while also saying that the price of this particular commodity has a negligible effect on inflation.
High egg prices owe, according to the Department, to volatile weather conditions and the return of students to school following the summer holidays.
Since eggs account for only 0.6% of the good basket used to calculate inflation, this price increase is unlikely to result in a noticeable increase in the rate of inflation.
The Bangkok Post reports that inflation slowed for a fifth straight month in May.
