Search

ASIA
ECONOMY | Staff Reporter, Thailand
Published: 01 Nov 12
290 views


Thailand's inflation eyed to inch down 3.3%

But the government must focus on exports.

According to DBS, headline inflation is set to ease marginally to 3.3% YoY in October, from 3.4% in the September. Meanwhile, core inflation is expected to hover around 2.0% YoY.

Here's more from DBS:

Given that the central bank has a target for core inflation at between 0.5-3.0%, inflation is not a near term concern. Instead, the focus will be on cushioning the impact of expected export deterioration in the coming months.

This has also been reflected in the BoT’s decision to slash the policy rate by 25bps to 2.75% at the previous monetary policy meeting. While the authorities have a firm pro-growth stance, we caution that price pressures are likely to mount in 2H13. With low interest rates spurring already robust loan growth, some price pressures are inevitable.

Moreover, the government has been maintaining a pro-growth stance through the rice-pledging scheme and the first car buyer scheme. The THB 300 daily minimum wage is also set to be rolled out nationwide early next year. Average inflation is expected to reach 3.7% in 2013 and some form of monetary tightening may be needed by end-2013.



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: Thailand inflation, Thailand exports, Thailand core inflation

LATEST ECONOMY JOBS »
  • No jobs posted on this category.
PRINT ISSUE »

Subscribe Now
Singapore singled out in Asia for weak M&A appetite

408 views

Is the KL-Singapore High-Speed Rail project still on the right track?

949 views

The changing taste of Asian art collectors bodes well for the Western art market

70 views

MOST READ EXCLUSIVES

Here are the credit card deals you shouldn't miss during the Great Singapore Sale 2015

Here are the credit card deals you shouldn\'t miss during the Great Singapore Sale 2015

The GSS begins today.

by MARIANNE ESTIOCO
29 May 2015 | 30207 views
 

Bosch’s cutting-edge regional HQ is one of the greenest buildings you’ll find in Singapore

Bosch’s cutting-edge regional HQ is one of the greenest buildings you’ll find in Singapore

It boasts an automated sun-shading system.

by MARIANNE ESTIOCO
7 Jul 2015 | 14736 views

This retired banker's fintech startup makes complicated wealth management a piece of cake

This retired banker\'s fintech startup makes complicated wealth management a piece of cake

Mesitis provides low-cost aggregated wealth reporting for all investors.

by MARIANNE ESTIOCO
25 May 2015 | 9943 views
 

Husband and wife duo ditch plum banking jobs to shake up Singapore’s HR scene

Husband and wife duo ditch plum banking jobs to shake up Singapore’s HR scene

This small start-up has global dreams.

by MARIANNE ESTIOCO
8 Jul 2015 | 9432 views

Cocoa Colony to open 12 more outlets in Singapore by end-2015

Cocoa Colony to open 12 more outlets in Singapore by end-2015

The cafe chain seeks to target the masses.

by KRISANA GALLEZO-ESTAURA
21 Jul 2015 | 8646 views
 

10 smart ways to spend your GST Vouchers

10 smart ways to spend your GST Vouchers

Regardless of how much you spend, aim to spend it well.

by KRISANA GALLEZO-ESTAURA
8 Jul 2015 | 8426 views

TAIGER’s office bids goodbye to claustrophobia-inducing cubicles

TAIGER’s office bids goodbye to claustrophobia-inducing cubicles

Walls and windows function as a big canvas.

by MARIANNE ESTIOCO
15 Jul 2015 | 4561 views
 

Hootsuite boosts its APAC team opening a new office in Singapore

Hootsuite boosts its APAC team opening a new office in Singapore

Its VP talks about the importance of the company’s culture in line with opening the new space.

by LEE ANNE BABIERRA
18 Jun 2015 | 3247 views

Get bitten by the travel bug in Skyscanner’s quirky Asia-Pacific headquarters

Get bitten by the travel bug in Skyscanner’s quirky Asia-Pacific headquarters

Meeting rooms are named after Asian tourist spots.

by MARIANNE ESTIOCO
5 Jun 2015 | 3147 views
 

Bye bye blurry video calls: Here’s a WebRTC startup that offers close to HD video quality using any device

Bye bye blurry video calls: Here’s a WebRTC startup that offers close to HD video quality using any device

Find out how they are building the next generation of web communications.

by LEE ANNE BABIERRA
2 Jun 2015 | 2562 views

Singapore’s first dedicated F&B development to open in East Coast Road

Singapore’s first dedicated F&B development to open in East Coast Road

Katong Square plans to open at the end of the year.

by STAFF REPORTER
31 Jul 2015 | 2448 views
 

CtrlShift’s new office exudes a ‘wow-effect’ without being too grand

CtrlShift’s new office exudes a ‘wow-effect’ without being too grand

Paying attention to small details paid off.

by LEE ANNE BABIERRA
29 Jul 2015 | 2162 views

El Mero Mero founder says Mexican food is not just about tacos and burritos

El Mero Mero founder says Mexican food is not just about tacos and burritos

See how a former legal professional pursued his passion for food.

by LEE ANNE BABIERRA
26 May 2015 | 1993 views
 

This handy app lets you book nearly any service under the sun

This handy app lets you book nearly any service under the sun

Find technicians, babysitters and more with Page Advisor.

by MARIANNE ESTIOCO
8 Jun 2015 | 1526 views

This app is out to prove that Singapore is anything but boring

This app is out to prove that Singapore is anything but boring

And Sugar helps SMEs in the process too.

by MARIANNE ESTIOCO
2 Jun 2015 | 1433 views
 

Grant Thornton aims to grow staff to 200-300 people in Singapore

Grant Thornton aims to grow staff to 200-300 people in Singapore

Here’s what it will do differently compared to the Big Four.

by KRISANA GALLEZO-ESTAURA
29 Jul 2015 | 1407 views

Could this site be your new financial buddy?

Could this site be your new financial buddy?

It allows users to look for financial services based on their pre-calculated profile.

by LEE ANNE BABIERRA
30 Jul 2015 | 1398 views
 

PwC Singapore launches its first Investment Fund Centre in Asia

PwC Singapore launches its first Investment Fund Centre in Asia

Expanding its presence in the asset management sector across Asian region.

by LEE ANNE BABIERRA
29 Jun 2015 | 1365 views

Hey, boss: This startup wants to be your all-around sidekick

Hey, boss: This startup wants to be your all-around sidekick

Alpha7 wants SMEs to join the Cloud.

by STAFF REPORTER
16 Jun 2015 | 1314 views
 

How do you like getting cash rebates when shopping online?

How do you like getting cash rebates when shopping online?

ShopBack introduces this concept in Southeast Asia.

by STAFF REPORTER
21 Jul 2015 | 1251 views

Get your head in the game: Testing challenges await the Internet of Things

Get your head in the game: Testing challenges await the Internet of Things

Industry experts share their concerns over security and testing standards.

by LEE ANNE BABIERRA
4 Jun 2015 | 1208 views
 

Need some help? This app lets you book a cleaner in five minutes flat

Need some help? This app lets you book a cleaner in five minutes flat

Sendhelper is the new breed of booking apps.

by MARIANNE ESTIOCO
26 May 2015 | 1112 views

Leave your valuables unattended: This on-demand cleaning service offers $1m liability insurance

Leave your valuables unattended: This on-demand cleaning service offers $1m liability insurance

Book a reliable cleaner in seconds with Helpling.

by MARIANNE ESTIOCO
22 Jun 2015 | 1024 views
 

WeInvest.net simplifies exploration of available investment opportunities

WeInvest.net simplifies exploration of available investment opportunities

It claims to be the world’s first platform allowing investors to take a peek into the restricted funds.

by LEE ANNE BABIERRA
7 Aug 2015 | 960 views

Almac Group boosts APAC foothold, unveils first clinical packaging facility

Almac Group boosts APAC foothold, unveils first clinical packaging facility

It’s the first to complete the Health Sciences Authority inspection.

by LEE ANNE BABIERRA
5 Aug 2015 | 920 views
 

Asian corporates face tough balancing act as sustainability issues mount

Asian corporates face tough balancing act as sustainability issues mount

Discover the changing face of Asian CSR.

by MARIANNE ESTIOCO
1 Jul 2015 | 626 views
close Don't Show Again

STAY INFORMED! Get our free weekly newsletter