Tuesday, August 2, 2016

July CPI Eases On Waning Food Inflation

Economic Research
02 August 2016

Economic Highlights

Thailand’s consumer price index (CPI) rose 0.1% y-o-y in July, easing from a 0.4% gain a month earlier, as food inflation started to wane. Cost of fresh food grew 2.4% y-o-y in July, decelerating from a 4.1% advance the month before. Meanwhile, price of transportation declined at a slower pace than the month before and the prices of clothing & footwear inched up, cushioning some of the downside. Core CPI climbed 0.8% y-o-y in June, unchanged for the fourth consecutive month.

Economist:  Ng Kee Chou  | +603 9280 2179

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