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12 Dec 2018

Thai Economy

KR-ECI Up in November due to Ebbing Energy Prices


  • The KR-ECI and 3-month Expected KR-ECI improved in November due to ebbing energy prices and new government measures, aimed at assisting low-income earners and farmers. The KR-ECI rose to 45.7 in November over 45.3 reported for October and the 3-month Expected KR-ECI (December 2018-February 2019) came in at 47.4, bettering 46.9 recorded in the October.  
  • KResearch views that close attention must be paid to domestic goods and service prices because they will likely increase steadily over 1Q19, thus bolstering the cost of living and threatening economic conditions later on.

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