{"id":135057,"date":"2025-09-13T17:43:08","date_gmt":"2025-09-13T17:43:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/135057\/"},"modified":"2025-09-13T17:43:08","modified_gmt":"2025-09-13T17:43:08","slug":"cheap-chinese-imports-threaten-thai-economy-warns-bank","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/135057\/","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 Krungthai Bank.<\/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>The Trade Policy and Strategy Office (TPSO) 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>Poon Panichpibool, 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<p>&#13;<\/p>\n<p>&#8220;The country has not entered a state of deflation because there is no widespread price drop across the board,&#8221; he said.<\/p>\n<p>&#13;<\/p>\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":135058,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[11698,84,63164,23502,1294,4151,1431,5045,4654,56,54,55],"class_list":["post-135057","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank","tag-business","tag-cheap-shops","tag-chinese","tag-economy","tag-import","tag-inflation","tag-thai-economy","tag-thailand","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/135057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=135057"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/135057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/135058"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=135057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=135057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=135057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}