In other news, Thailand’s annual inflation rate rose to 0.88% in August, slightly above market expectations but still below the central bank’s target range of 1%-3%. Costs for food and non-alcoholic beverages eased, while non-food product prices increased, primarily due to transportation. Core inflation dipped to its lowest since January 2022, and the monthly CPI increased by 0.55% after a slight drop in July. Meanwhile, the central bank is expected to revise its 2023 GDP growth forecast downward due to weak exports and disappointing tourism revenue.