Pantheon Macroeconomics

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6th Aug 2024 20:22Emerging AsiaDaily Monitor

  • Thai CPI surprised marginally to the upside in July, with headline rate rising to 0.8% and core to 0.5%.
  • The mean-reversion up in food prices should see inflation return temporarily to target-range until Q1.
  • Core inflation is likely to remain under 1%, though; the weak economy will keep this gauge anchored.

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Keywords for: 8 August 2024 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence