September 05, 2023
Thailand CPI inflation 0.88% y-o-y (consensus 0.7) in Aug-23
- Thailand's CPI inflation for August 2023 exceeded market expectations, reaching 0.88% year-on-year and marking the highest growth rate since April 2023.
- Despite this increase, both the headline and core CPI inflation rates remain below their respective average levels, indicating a relatively subdued level of price increases in the economy.
September 01, 2023
Thailand PMI manufacturing 48.9 in Aug-23
- Thailand's manufacturing PMI contracted to 48.9 in August 2023, the lowest level since August 2021, indicating a decline in the sector.
- The current PMI reading is 4.83 points below the one-year average, suggesting that the challenges faced by the manufacturing sector are more significant compared to the previous year.
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