Tuesday, May 3, 2016

Thai CPI Breaks Losing Streak On Rising Energy And Food Prices

Economic Research
03 May 2016
Thailand

Economic Highlights




Thailand’s consumer price index (CPI) rose 0.1% y-o-y in April, ending a 15-month declining streak. The CPI had stalled at -0.5% for the first three months of the year, but was boosted by increasing prices of food & beverage items and also moderating declines in energy and transportation costs. Meanwhile, house rents in the kingdom continued to slow its advance, rising 0.5% y-o-y compared to +0.6% and +0.7% in the two consecutive months prior, thereby capping some of the gains. Core CPI, which excludes some items in the food and energy sectors, climbed 0.8% y-o-y in April, following a 0.7% advance the month before.

Economist:  Ng Kee Chou  | +603 9280 2179


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