Inflation in Thailand

Thailand Inflation | Economic News & Forecasts

Thailand - Inflation

Inflation at six-month low in April

In April, consumer prices increased 0.16% on a month-on-month basis, contrasting the 0.46% drop recorded in March. Core consumer prices, which exclude energy and fresh food, increased 0.02% in April compared to the previous month (March: +0.04% month-on-month).

Inflation came in at 0.4% in April, a slowdown from March’s 0.8% and also below market analysts’ forecast of a milder deceleration to 0.7%. The reading was thus further below the Central Bank’s target band of 1.0%-4.0%. Core inflation inched down from 0.6% in March to 0.5% in April.

The Bank of Thailand foresees inflation of 1.2% in 2017 and 1.9% in 2018. FocusEconomics Consensus Forecast panelists expect inflation of 1.5% on average in 2017, which is unchanged from last month’s forecast. For 2018, panelists predict average inflation of 1.9%.

Thailand - Inflation Data

2011  2012  2013  2014  2015  
Inflation Rate (CPI, annual variation in %)3.8  3.0  2.2  1.9  -0.9  

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Thailand Inflation Chart

Thailand Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Bureau of Trade and Economics and FocusEconomics calculations.

Thailand Facts

Bond Yield2.760.0 %May 09
Exchange Rate34.640.07 %May 09
Stock Market1,560-0.49 %May 09

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