Locals wary of investing in ISE:
Taxes responsible for rise in core inflation: According to the CBT, at least. I'd disagree, but the vital part of the piece is the CBT exit strategy, to be announced a week from today. Interestingly, a couple of foreign banks are expecting a policy rate hike this month.
Passenger car sales drop: Sales were quite high last March, so don't make too much out of this, but it is still another evidence for a more muted recovery than the government and most economists claim.
Taxes responsible for rise in core inflation: According to the CBT, at least. I'd disagree, but the vital part of the piece is the CBT exit strategy, to be announced a week from today. Interestingly, a couple of foreign banks are expecting a policy rate hike this month.
Passenger car sales drop: Sales were quite high last March, so don't make too much out of this, but it is still another evidence for a more muted recovery than the government and most economists claim.
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