CPI Remains Positive As Consumption Indicators Pick Up

Economic Research	04 July 2016
Thailand
Economic Highlights
CPI Remains Positive As Consumption Indicators Pick Up Thailand’s consumer price index (CPI) rose 0.4% y-o-y in June, inching lower from a 0.5% gain a month earlier. The moderation in growth was driven by slower but still robust advance in vegetables & fruit prices, as well as softening gains in housing rental. Meanwhile, the cost of meats, poultry & fish and eggs & dairy products increased by 3.0% and 3.1% y-o-y, rising from readings of +2.4% and +2.2% respectively in May, offsetting some of the downside. Omitting food items, prices were largely stable, energy prices contracted at a marginally slower pace than the month before, while core CPI climbed 0.8% y-o-y in June, unchanged for the third consecutive month. Economist:  Ng Kee Chou  | +603 9280 2179
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