Pantheon Macroeconomics

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  • Thailand’s November CPI prints were firmer than expected, but we still see an MPC cut this month.
  • We’ve raised our 2025 forecast to -0.1%, while simultaneously cutting our 2026 call to 0.0%…
  • … Another power tariff cut is scheduled for January, and underlying inflation pressures are non- existent.

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Keywords for: 4 December 2025 Emerging Asia Monitor Target-range inflation in Thailand looking

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