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The Bank of Thailand's September 2023 report said the Thai economy kept recovering, led by tourism, while private and public spending softened. Headline inflation fell in all major categories, helped by lower fresh food prices and government electricity and diesel subsidies.
The current account posted a surplus, mainly from a better trade balance.
Lower Thai food and energy inflation and a trade surplus point to a stable baht backdrop for regional feed importers, with little direct effect on feed commodity prices.
bot.or.thOct 31, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
