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Thailand: Prices rise almost 1% in July

Consumer prices edged up in July, largely driven by fresh fruit and vegetables, fresh food, pork, milled rice and milled glutinous rice. According to the Commerce Ministry’s report, the consumer price index (CPI), which gauges headline inflation, rose by 0.98% last month from July 2018, up from a 0.87% year-on-year rise in June, 1.15% in […]

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Thailand: CPI up, but below forecast, in July

Annual headline consumer price index (CPI) rose 0.98% in July from a year earlier, slightly lower than a Reuters poll forecast of a 1% increase, following June’s 0.87% rise, commerce ministry data showed on Thursday.  July headline inflation was below the central bank’s 1%-4% target range for a second straight month. The annual core inflation […]

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Indonesia plans auto-rules overhaul to form electric-car hub

Indonesia is planning a slew of incentives for electric-car manufacturers and drivers, to help bolster a sector that has already lured investment from Toyota Motor Corp and SoftBank Group Corp, according to a draft government strategy seen by Bloomberg. The measures are aimed at accelerating the adoption of battery-powered cars in Indonesia and building a […]

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