FW: RHB | Thailand | CPI Highest In 16 Months

 

 

 

Economic Research			1 June 2018
Thailand
Economic Update
CPI Highest In 16 Months     u  Thailand’s CPI picked up to a 16-month high in May on the back of higher fuel prices;   u  Despite a faster increase, the inflation rate has remained subdued, suggesting that there is no hurry for the BoT to tighten its policy;   u  We expect the central bank to keep its key policy rate stable at 1.5% for the rest of the year.     Economists: Peck Boon Soon | +603 9280 2163 Aris Nazman Maslan  | +603 9280 2184
To access our recent reports please click on the links below:   01 June : Private Credit Continues To Climb 30 May : Manufacturing Sustains Despite Festivities 23 May : Trade Deficit Widest In Three Years 21 May : GDP At 5-Year High 16 May : BoT Maintains Rate On Tepid Private Spending
Economic Team
Arup Raha	Group Chief Economist	arup.raha@rhbgroup.com		+65 6232 3896
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Singapore	vincent.loo@rhgroup.com		+603 9280 2172
Ahmad Nazmi Idrus	Indonesia	ahmad.nazmi.idrus@rhbgroup.com		+603 9280 2179
Aris Nazman Maslan	Thailand, Philippines , Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184