RHB | Thailand | Thailand’s CPI Remained Negative In March

Economic Research	4 April 2016
Thailand
Economic Highlights
Thailand’s CPI Remained Negative In March Thailand’s consumer price index (CPI) dipped 0.5% y-o-y for the third consecutive month in March, after falling 0.9% in 2015. Prices of non-food & beverage items retreated at a slower pace of 1.2% y-o-y, compared to      -1.5% the month before, underpinned by moderating declines in energy and transportation costs. However, the gains were offset by softening prices inflation in the food & beverages sector, whose growth eased to 1.0% y-o-y in March, from +1.3% a month earlier, dragged by slower price inflation for vegetables & fruits. Meanwhile, Core CPI, which excludes some items in the food and energy sectors, rose 0.7% y-o-y for the second consecutive month in March, following a 0.6% gain at the start of the year. Economist:  Ng Kee Chou  | +603 9280 2179
To access our recent reports please click on the links below: 01 Apr: Broad Money Supply Slows Despite Surge In Government Spending 30 Mar: Thailand’s Auto And E&E Sectors Drove February MPI Improvement 28 Mar: February Exports Artificially Inflated By Military Copters 24 Mar: Bank Of Thailand Leaves Policy Rate Unchanged 02 Mar: CPI Remained Negative; Indicators Suggest Pick-up In Consumer Spending Imminent 01 Mar: Broad Money And Loan Growth Continued To Ease In Janurary 01 Mar: Manufacturing Output Declined As Carmakers Flatter