# Thailand: Inflation downturn starts | articles | ING THINK

> Thailand's September CPI rose 1.3% year on year, slightly above a 1.1% estimate and in line with consensus, as high base effects pulled food, housing and transport lower. Core inflation held near 0.8%. ING sees subdued inflation continuing and now doubts the central bank will start normalising rates next year.

- Date: 2018-10-01 · published 2018-10-01T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/62801-thailand-inflation-downturn-starts-articles-ing-think
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Subdued Thai inflation and a delayed rate-hike path keep domestic demand and the baht supported, with limited direct effect on feed commodity prices.

## Sources

- think.ing.com: https://think.ing.com/articles/thailand-inflation-downturn-starts/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.