Cpi

TPSO General Director Pimchanok Vonkorpon said the economic situation and inflation are expected to return to normal once the epidemic weakens, and the Office may adjust inflation forecasts after the first half when the impact of lockdown measures becomes clearer./. … [Read more...] about Thailand’s April CPI at lowest point for more than a decade

The pork price increase has been due to the high pork demand in the domestic market while the local pork supply has fallen due to African swine fever, he said. Even if this disease ends, farmers could not promote production of pigs because of the fear that the disease returns. … [Read more...] about Deputy Minister: pork prices in Vietnam may stabilise by year end

The regulated prices of basic commodities and services, such as health and education are expected to stay unchanged for a foreseeable future. On that basis, BVSC forecast that the average inflation rate in 2020 will be around 3-3.5% (instead of 4% as previously forecast). Meanwhile, inflation forecast for late 2020 is also lowered to 2-2.5% year-on-year (from 3.2-3.6% previously). … [Read more...] about Low business performance may prompt Vietnam c.bank to further cut policy rates

“Especially, the success may come after a high consumer price index (CPI) in the first four months of 2020, which increased 4.9 per cent on-year, the highest level in the same period during the 2016-2020 period, largely on higher healthcare and pork prices,” stated Chairman, Minister of the Government Office Mai Tien Dung. … [Read more...] about Modest inflation expected for 2020

Due to feeble purchasing power, the CPI in April decreased 1.54 per cent on-year. In which the transportation group’s price witnessed the most decline, at 13.86 per cent on-year. Other groups’ prices also dropped, such as housing and building materials (2.33 per cent); entertainment and tourism (0.4 per cent); garments and footwear (0.17 per cent); posting and telecommunication (0.02 per cent); and other goods and services (0.13 per cent). The price reduction of six out of 11 groups of items used to measure CPI in Vietnam shows that there seems to be a signal of a supply shock, if there is no improvement in the time to come. … [Read more...] about Averting the risks of possible deflation