Live Updates > Live Update Details
2025-12-03 11:36:56
[Thailand's CPI Remains in Deflationary Territory for Eighth Consecutive Month] 1. Thailand's Consumer Price Index (CPI) fell 0.49% year-on-year in November, marking the eighth consecutive month in deflationary territory. Although the decline narrowed compared to the previous month, and core inflation rose slightly, the continued price decline has strengthened market expectations for further interest rate cuts by the central bank. 2. Some economists point out that the current weak inflation stems not only from supply-side factors such as government subsidies but also reflects persistently weak domestic demand. Although the Bank of Thailand previously believed that the risk of deflation was limited and maintained interest rates unchanged, persistently low inflation and the impact of recent floods on economic growth may increase pressure on monetary policy easing. Institutions such as Nomura have predicted that the central bank will initiate interest rate cuts in December.
