PREVIEW: Thailand's December CPI likely rises 3.30% on-year and 1.80% on-month vs November's 2.74% on-year rise and 0.35% on-month fall, according to seven economists polled by Dow Jones Newswires; the country's core CPI likely rises 0.10% both on-year and on-month in December vs November's 1.85% on-year and 0.05% on-month rise. "(Headline) inflation next year won't be as low as the central bank's forecast of 2.8% as an expected drought problem and the strong domestic demand could fuel price pressure," says TISCO Securities senior economist Kampon Adireksombat. A spike in the daily minimum wage hike to THB300 across the country, effective Jan. 1, could also add to inflationary pressure, he adds. The minimum daily THB300 wage has already been implemented in Bangkok and seven major provinces. The house forecasts Thailand's 2013 CPI at 3.30%. December CPI data will be released on Wednesday.
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