Economic Research | 5 September 2017 | |||
Thailand | ||||
Economic Update | ||||
August CPI Picked Up On Higher Energy Cost Thailand’s August consumer price index (CPI) inched higher to +0.3% YoY, on the back of higher petrol prices and a smaller drop in household equipment costs. Meanwhile, food prices declined at a faster clip, capping some of the gains. Going forward, we maintain our forecast for CPI to rise 1.1% in 2017, from 0.2% last year, backed by higher energy prices, sustained economic recovery, and an expected pick-up in private consumption in 4Q. Economist: Ng Kee Chou | +603 9280 2179 | ||||
To access our recent reports please click on the links below: 5 September: July MPI Rebounded On Automotive, F&B Gains 22 August: Softer E&E Shipments Weigh On July Exports 22 August: Private Investment Returns, GDP Fastest In Four Years 17 August: Interest Rate Unchanged Despite Strong THB 10 August: Examining Thailand’s Changing Consumption Patterns 2 August: Energy The Key Driver Again As July CPI Ticks Up | ||||
Economic Team | ||||
Peck Boon Soon | Chief ASEAN Economics | +603 9280 2163 | ||
Vincent Loo | Malaysia, Vietnam | +603 9280 2172 | ||
Ng Kee Chou | Singapore, Thailand | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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