Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>Inflation in May contracted by 0.57% YoY, but core inflation rose by 1.09% YoY, indicating that Thailand is not entering a deflationary condition.</li><li>The impact of inflation on the Monetary Policy Committee (MPC) meeting on June 25, 2025, is expected to be limited, as it has already cut the policy rate three times.</li><li>Therefore, fiscal policy is anticipated to play a greater role in supporting the Thai economy, particularly through the Bt157bn economic stimulus package and the 2026 government budget disbursement. </li></ul>

Inflation in May contracted by 0.57% YoY, but core inflation rose by 1.09% YoY, indicating that Thailand is not entering a deflationary condition.The impact of inflation on the Monetary Policy Committee (MPC) meeting on June 25, 2025, is expected to be limited, as it has already cut the policy rate three times.Therefore, fiscal policy is anticipated to play a greater role in supporting the Thai economy, particularly through the Bt157bn economic stimulus package and the 2026 government budget disbursement. 

Economic Update: Inflation in May 2025 - JUNE 10, 2025