Tabacco & alcohol drives inflation higher

Thailand’s inflation had quite a jump in September on the back of increases in electricity fee’s for households, increased tabacco & alcohol taxes, and oddly vegetable and fruits had the highest jump amongst all segments within the CPI. So what?¬†Well the rumours of the BOT cutting interest rates later this year may finally dissipate thus minimising further upside for the property sector and downside for the banking sector.

Thanks goes to K. Saroj over at Charting Thailand’s Economy.

Source: ChartingThailandsEconomy

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