Halister News

(Bloomberg) -- Cheaper energy and transport costs, together with slowing consumer confidence, could keep Thailand’s CPI depressed in Feb., economists’ forecasts suggest.

• Consumer prices probably fell 0.55% y/y following a 0.53% drop in Jan., median est. in Bloomberg survey shows; ests. range from -0.74% to -0.30%; data due tomorrow, no time specified
• Inflation may turn positive in 2Q, though that depends mainly on oil prices, which haven’t shown signs of recovery, Somkiat Triratpan, head of trade policy and strategy office, said after the release of Jan. numbers
• Consumer confidence fell for first time in four months in Jan., data released on Feb. 4 showed