Inflation in Thailand
Thailand - Inflation
Inflation at six-month low in April
In April, consumer prices increased 0.16% on a month-on-month basis, contrasting the 0.46% drop recorded in March. Core consumer prices, which exclude energy and fresh food, increased 0.02% in April compared to the previous month (March: +0.04% month-on-month).
Inflation came in at 0.4% in April, a slowdown from March’s 0.8% and also below market analysts’ forecast of a milder deceleration to 0.7%. The reading was thus further below the Central Bank’s target band of 1.0%-4.0%. Core inflation inched down from 0.6% in March to 0.5% in April.
The Bank of Thailand foresees inflation of 1.2% in 2017 and 1.9% in 2018. FocusEconomics Consensus Forecast panelists expect inflation of 1.5% on average in 2017, which is unchanged from last month’s forecast. For 2018, panelists predict average inflation of 1.9%.
Thailand - Inflation Data
|Inflation Rate (CPI, annual variation in %)||3.8||3.0||2.2||1.9||-0.9|
5 years of economic forecasts for more than 30 economic indicators.
Thailand Inflation Chart
Source: Bureau of Trade and Economics and FocusEconomics calculations.
|Bond Yield||2.76||0.0 %||May 09|
|Exchange Rate||34.64||0.07 %||May 09|
|Stock Market||1,560||-0.49 %||May 09|
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May 3, 2017
In April, consumer prices increased 0.16% on a month-on-month basis, contrasting the 0.46% drop recorded in March.
April 28, 2017
In March, manufacturing production decreased 0.5% from the same month last year, which was a softer decline than the 1.1% drop in February.
April 24, 2017
In March, the Thai trade balance recorded a USD 1.6 billion surplus.
April 3, 2017
In March, consumer prices in Thailand declined 0.46% on a month-on-month basis, contrasting the 0.04% increase recorded in February.
March 31, 2017
In February, the trade balance recorded a USD 1.6 billion surplus.