Sign up | Log in



Home  >>   Daily News  >>   Thailand  >>Economy  >> Thai April CPI eases for fourth month
NEW UPDATES Asean Affairs  4 May  2015  

Thai April CPI eases for fourth month

THAILAND’S annual consumer price index in April fell for a fourth straight month and will likely ease further, but the authorities say there is little risk of deflation yet.

Falling inflation gave the Bank of Thailand room to cut interest rates this week, surprising markets that had expected no change after it already cut rates at its previous meeting.

The Commerce Ministry said on Friday that the consumer price index may drop again in May before turning positive, due to base effects, as oil prices started to decline after May 2014.

The index, published by the ministry, fell more than expected, down 1.04 per cent in April from a year earlier, compared with a decline of 0.80 per cent forecast in a Reuters poll.

“The main reason for negative inflation is oil prices but there is no deflation yet as core inflation is likely to go higher,” Somkiat Triratpan, the ministry’s director general of Trade Policy and Strategy Office, told reporters. In January, consumer prices fell on a yearly basis for the first time since September 2009.

While the ministry expects annual headline consumer prices to fall 0.5-0.7 per cent in the second quarter, it sees full-year inflation at 0.6-1.3 per cent.

The core inflation rate, which strips out food and energy prices, eased to 1.02 percent in April from 1.31 per cent in March.

On Wednesday, the central bank unexpectedly cut its benchmark interest rate by 25 basis points to 1.50 per cent, the second consecutive cut, citing weak growth and the risk of prolonged negative headline inflation. A steeper fall in headline CPI suggests “the economy is still weak and needs time to adjust. The recent rate cut is to help reduce a risk of deflation,” central bank spokesman Chirathep Senivongs Na Ayudhya told reporters on Friday.

A military-led government that seized power last May has struggled to revive growth in Southeast Asia’s second-largest economy as exports and domestic demand have remained sluggish.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           May 4 , 2015 Subsribe Now !
• Thai April CPI eases for fourth month Subcribe: Asean Affairs Global Magazine
• RI should seek better realization in AIIB projects
• Unemployment rate low, but employment growing at slower pace in Q1 2015: MOM
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Chinese market for Myanmar’s Shwe Gas stalls
• Attention turns to waterway transport
Asean Analysis                   May 1, 2015
• Asean Analysis May 1, 2015
The ASEAN Summit: Harbinger of Future Progress?
Advertise Your Brand

Asean Stock Watch  April  30,  2015
• Asean Stock Watch-April  30, 2015
The Biweekly Update
• The Biweekly Update May 1, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand