Thailand's consumer prices likely rose 2.70% on year in June, slightly lower than the 2.79% increase in May, according to the median forecast of five economists polled by The Wall Street Journal. Headline inflation could have cooled due to easing global and domestic energy price pressures, after the de-escalation of the U.S.-Iran war, DBS economists say in a report. The Bank of Thailand is expected to continue looking through the transitory, supply-side-driven increase in inflation, with little impetus to adjust interest rates amid uneven and low economic growth, DBS adds. The CPI data are due Monday.(amanda.lee@wsj.com)
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Thailand's Consumer Prices Likely Eased Further in June, WSJ Poll Shows — Market Talk
Thailand's consumer prices likely rose 2.70% on year in June, slightly lower than the 2.79% increase in May, according to the median forecast of five economists polled by The Wall Street Journal. Headline inflation could have cooled due to easing global and domestic energy price pressures, after th…