Nomura Raises Thailand 2026 CPI Forecast to 2.0%
Nomura economists lift their 2026 CPI inflation forecast to 2.0% from 1.8%, while maintaining their core inflation forecasts. They say the core trajectory supports their view that the Bank of Thailand is in no hurry to raise rates.
Thai headline inflation rose by more than expected in October but a much tamer trajectory for the core gauge backs Nomura economists' view that the central bank is in no hurry to raise rates. They raise their 2026 CPI inflation forecast to 2.0% from 1.8% but maintain core at 1.1% this year and 0.8…