Thailand's Consumer Prices Keep Falling as Fuel Subsidies Weigh on State Budget
- Thailand's consumer price index fell 0.47% in March, marking the sixth straight monthly drop
- Negative inflation largely fueled by government subsidies on diesel and electricity
- Subsidies have swelled state oil fund deficit to $2.7 billion
- Inflation could rise if subsidies are not renewed or lowered
- Diesel price capping scheme expired April 3, diesel tax cut expires April 19
