Producer Prices in Thailand
Thailand - Producer Prices
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 - Producer Prices Data
|Inflation (PPI, annual variation in %)||5.5||1.0||0.3||0.1||-4.1|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.67||-0.74 %||May 25|
|Exchange Rate||34.22||-0.60 %||May 25|
|Stock Market||1,569||0.21 %||May 25|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 24, 2017
At its 24 May monetary policy meeting, the Bank of Thailand (BoT) unanimously decided to keep the one-day repurchase rate at 1.50%, where it has been for nearly two years.
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.