webfact Posted January 6 Share Posted January 6 Thailand’s Commerce Ministry announced today that the country’s headline consumer price index (CPI) experienced a 0.83% decrease in December compared to the same period a year earlier. This figure is a steeper drop than the 0.44% year-on-year decrease seen in the preceding month. Contrasting with the anticipated 0.30% fall for December as per a Reuters poll, the actual result was a more significant decrease. Additionally, the core CPI recorded an upward motion of 0.58% year-on-year in December. This figure narrowly missed the forecasted increase of 0.60%. The data underscores the ongoing economic challenges faced by Thailand, particularly in the wake of global financial disruptions. While the numbers may paint a bleak picture, they also present an opportunity for the country to reassess and adapt its economic strategies to counter such volatilities. by Alex Morgan Photo via Freepik Full story: The Thaiger 2024-01-06 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 1 Link to comment Share on other sites More sharing options...
Popular Post Tropicalevo Posted January 6 Popular Post Share Posted January 6 (edited) Only unanticipated by those with blinkered eyes that are focused on the trough. Anyone who thinks that Thailand is in a good place economically right now should stop smoking dope and or taking the happy pills. Edited January 6 by Tropicalevo 2 1 Link to comment Share on other sites More sharing options...
soalbundy Posted January 6 Share Posted January 6 The CPI is dropping everywhere because of a lack of discretionary money causes a lack of demand, it's falling for the wrong reasons. Link to comment Share on other sites More sharing options...
StayinThailand2much Posted January 6 Share Posted January 6 (edited) Looks like deflation has arrived in Thailand, perhaps mirroring trends in China... Edited January 6 by StayinThailand2much Link to comment Share on other sites More sharing options...
dinsdale Posted January 6 Share Posted January 6 All dodgy numbers. Same in every country. It's more than likely worse than these numbers. Link to comment Share on other sites More sharing options...
Ben Zioner Posted January 6 Share Posted January 6 So, prices going up was bad last year, now prices going down is bad this year? Maybe this is more BS to justify the PM's corny, inflationary, eWallet thingy. 1 1 Link to comment Share on other sites More sharing options...
mikebell Posted January 7 Share Posted January 7 Thais are born optimists and can only see through rose-coloured glasses; look at TAT's figures. It also helps if you are useless at sums. Link to comment Share on other sites More sharing options...
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