Producer Prices in Thailand
Thailand - Producer Prices
Inflation edges down in October
Consumer prices inched up 0.06% over the previous month in October, down from the 0.29% price increase in September. The result reflected slight upticks in the prices for food and non-alcoholic beverages; and transportation and communication.
Inflation edged down from 1.3% in September to 1.2% in October, remaining within the Bank of Thailand’s 1.0%–4.0% target range but marginally below market expectations of a stable reading. Lastly, core inflation, which excludes raw food and energy, dipped from 0.8% in September to 0.7% in October.
Thailand Inflation Forecast
The Bank of Thailand sees inflation at 1.2% in 2019. FocusEconomics Consensus Forecast panelists expect inflation to average 1.5% in 2019, which is unchanged from last month’s forecast. For 2020, panelists predict average inflation of 1.7%.
Thailand - Producer Prices Data
|Inflation (PPI, annual variation in %)||0.3||0.1||-4.1||-1.2||0.7|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.75||0.0 %||Nov 09|
|Exchange Rate||32.97||0.17 %||Nov 09|
|Stock Market||1,669||-1.41 %||Nov 09|
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November 5, 2018
Consumer prices inched up 0.06% over the previous month in October, down from the 0.29% price increase in September.
October 30, 2018
Manufacturing output contracted 2.6% year-on-year in September, contrasting a slightly revised 0.8% expansion in August (previously reported: +0.7% year-on-year) and below market expectations of a more moderate 0.5% drop.
October 24, 2018
Thailand recorded a USD 487 million trade surplus in September, contrasting August’s USD 588 million deficit but noticeably below the USD 3.4 billion surplus recorded in the same month a year earlier.
October 1, 2018
Thai consumer prices increased 0.29% over the previous month in September, up slightly from August’s 0.26% rise.
September 27, 2018
Manufacturing output growth slowed to 0.7% year-on-year in August, down noticeably from July’s upwardly revised 4.9% (previously reported: +4.6% year-on-year) and marking the weakest reading since April 2017.