Producer Prices in Thailand
Thailand - Producer Prices
Inflation declines to lowest level since April in October
Inflation came in at 6.0% in October, down from September’s 6.4%. October's reading marked the lowest inflation rate since April.
Annual average inflation rose to 5.5% in October (September: 5.2%). Meanwhile, core inflation ticked up to 3.2% in October, from September’s 3.1%.
Finally, consumer prices rose 0.33% in October over the previous month, picking up from September's 0.22% increase. October's result was the sharpest increase in prices since June.
FocusEconomics Consensus Forecast panelists project inflation to average 5.3% in 2022, up 0.6 percentage points from last month’s forecast, while for 2023, panelists project average inflation of 2.1%.
Thailand - Producer Prices Data
|Inflation (PPI, annual variation in %)||-4.1||-1.2||0.7||0.4||-1.0|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||30.11||0.17 %||Dec 30|
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December 1, 2022
At its 30 November meeting, the Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) hiked the policy rate to 1.25% from 1.00%.
November 22, 2022
GDP growth sped up to 4.5% year on year in the third quarter, from 2.5% in the second quarter.
November 14, 2022
Manufacturing output dropped 2.3% month-on-month in seasonally-adjusted terms in September (August: +2.6% mom).
November 14, 2022
Merchandise exports climbed 7.8% annually in September, on the heels of August’s 7.5% increase.
November 7, 2022
Inflation came in at 6.0% in October, down from September’s 6.4%.