{"id":421940,"date":"2025-09-13T20:21:13","date_gmt":"2025-09-13T20:21:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/421940\/"},"modified":"2025-09-13T20:21:13","modified_gmt":"2025-09-13T20:21:13","slug":"cheap-chinese-imports-threaten-thai-economy-warns-bank","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/421940\/","title":{"rendered":"Cheap Chinese Imports Threaten Thai Economy, Warns Bank"},"content":{"rendered":"<p>Thailand is not yet in a state of deflation, but an influx of cheap Chinese goods poses a significant threat to local businesses, according to a new report from <strong>Krungthai Bank<\/strong>.<\/p>\n<p>\u00a0<\/p>\n<p>The warning comes as Thailand records its fifth consecutive month of negative inflation.<\/p>\n<p>\u00a0<\/p>\n<p><strong>The Trade Policy and Strategy Office (TPSO)<\/strong> of the Ministry of Commerce reported that headline inflation in August fell by 0.79% and is expected to continue its decline in September. For the first eight months of the year, headline inflation rose by a mere 0.08%.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Poon Panichpibool<\/strong>, a capital markets strategist at Krungthai Bank, explained that the negative inflation is primarily due to supply-side factors such as a good harvest of fresh fruits and vegetables and low rice prices.<\/p>\n<p>\u00a0<\/p>\n<p>He also noted that government measures to ease the cost of living, such as electricity subsidies, were a significant factor.<\/p>\n<p>\u00a0<\/p>\n<blockquote><p>&#13;<\/p>\n<p><strong>&#8220;The country has not entered a state of deflation because there is no widespread price drop across the board,&#8221; he said.<\/strong><\/p>\n<p>&#13;\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Thailand is not yet in a state of deflation, but an influx of cheap Chinese goods poses a&hellip;\n","protected":false},"author":2,"featured_media":421941,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[3670,51,144289,16536,1700,5484,476,103978,731,16,15],"class_list":{"0":"post-421940","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bank","9":"tag-business","10":"tag-cheap-shops","11":"tag-chinese","12":"tag-economy","13":"tag-import","14":"tag-inflation","15":"tag-thai-economy","16":"tag-thailand","17":"tag-uk","18":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115198852325285088","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/421940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=421940"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/421940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/421941"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=421940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=421940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=421940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}