Thailand Inflation Likely to Stay Contained, BOT Set to Hold Rates

Dow Jones07-07

0223 GMT - Thailand's inflation is likely to stay contained, two economists at Goldman Sachs Research say, noting CPI data released Monday. "June headline CPI inflation surprised on the downside," the economists say. Although core CPI inflation was firmer than GS had expected, "we do not think this should be a major concern at this stage," they say. "Forward-looking surveys point to a moderation in businesses' output price expectations in June, suggesting limited evidence of sustained underlying price pressure," the economists add. GS continues to expect the BOT to leave the policy rate unchanged at 1.00% through 2026. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 06, 2026 22:23 ET (02:23 GMT)

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