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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
THAILAND
Headline CPI inflation for May came in well below forecasts at 0.5% y/y from 2.7% in April due to fuel and food prices and negative base effects. Inflation shot up in May 2022 to 7.1% y/y from 4.6%. Core CPI was more stable at 1.6% y/y down from 1.7%. This further easing of inflation pressures to an almost 2-year low, and the Commerce Ministry’s warning that June headline inflation could contract on fuel & power prices should mean that the Bank of Thailand is on hold in August after hiking rates to 2% in May. This could be the terminal rate if the tourism-related inflation risks don’t materialise.
Thailand CPI y/y%
Source: MNI - Market News/Refinitiv
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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