Thailand's Core Consumer Price Index (CPI) for December 2024 showed a slight decrease, reaching 0.79% compared to the same month a year ago. This represents a marginal dip from November's 0.80%, as reported in the latest data update on January 6, 2025.
The core CPI is a key indicator used to measure inflation, excluding food and energy prices due to their volatility. December's data suggests a stable, albeit slightly lower, economic environment than the previous month. This marks an ongoing trend of restrained inflation, consistent with the downward adjustment from November.
The shift in core CPI could signal a subdued consumer demand or effective monetary policies maintaining price stability in Thailand. Economists and analysts will be closely monitoring subsequent reports to determine whether this slowdown is temporary or indicative of a longer-term pattern in the Thai economy's trajectory.
