April inflation steady @ 2.42%

Key points are:

  • Food prices pushed headline inflation to 2.42%
  • Strengthening Thai Baht caused inflation to rise @ a slower pace
  • In 4M13, headline inflation rate was @ 2.9%YoY
  • The Commerce Ministry’s headline inflation forecast for the year remains @ 2.8% to 3.4%

So all in all, inflation not an issue, well done BOT, if it stays at these levels we don’t expect the BOT to cut rates going forward

130503 cpi

 

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