Thai Inflation Stays on Target, but Data-Center Risk Worth Watching

Dow Jones
08/05

1052 GMT - Thailand's inflation print for July doesn't move the needle on monetary policy, as growth considerations still outweigh price concerns, HSBC economists say. The outlook for inflation remains contained, with import competition capping price pressures, Aris Dacanay and Akiko Kitamura say in a note. HSBC continues to expect the Bank of Thailand to keep rates at 1.00% until at least end-2027, but there is one risk worth monitoring: data centers. So far, inflationary pressures from Thailand's massive data-center buildout have yet to materialize as facilities have yet to come online. But once they do, the sites will likely demand a substantial amount of Thailand's electricity generation and water supply, posing an upside risk to utility fees, and potentially building the case for a BOT adjustment.

 

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10