Pantheon Macroeconomics

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6th Jun 2022 22:20Emerging Asia, Daily Monitor

CPI inflation in Thailand surprised massively to the upside in May, jumping to 7.1%, from 4.6% in April...

...But more than half of the rise was due to adverse utility base effects, which will unwind in September.

Transportation inflation looks overextended, and the spike in food inflation to global trends is mostly over.

cpi cpi inflation diesel disinflation electricity food inflation food prices fuel labour March May monetary policy monetary policy committee policy tariffs transportation utilities

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Keywords for: Let's Try this Again... Inflation in Thailand has Peaked

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