Thailand’s core inflation rate rose to 0.66% year-on-year, up from the previous 0.61%. This marks an increase of 0.05 percentage points, indicating a higher inflationary pressure in the economy.
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The actual core inflation rate surpassed analyst estimates of 0.57%, suggesting stronger-than-expected price pressures. This development may lead to increased scrutiny of consumer-related sectors, as higher inflation can affect purchasing power. The stock market might experience short-term volatility, particularly in consumer goods and retail sectors, as investors adjust expectations regarding consumer demand and potential monetary policy responses.