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