August Inflation Crawls Higher On Rising Energy Costs

Economic Research	02 September 2016
Thailand
Economic Highlights
August Inflation Crawls Higher On Rising Energy Costs Thailand’s consumer price index (CPI) rose 0.3% y-o-y in August, picking up from a 0.1% gain a month earlier, boosted by slower declines in the price of utilities and transport, on account of the low base effect last year. Things were further improved as cost of food & beverages and housing rent rose 1.9% and 0.5% y-o-y in August, inching higher from readings of +1.8% and +0.4% respectively the month before. Core CPI climbed 0.8% y-o-y in August, unchanged for the fifth consecutive month. Economist:  Ng Kee Chou  | +603 9280 2179
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