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Thailand Inflation September 2023

Thailand: Inflation declines to lowest level since June in September

Inflation came in at 0.3% in September, down from August’s 0.9%. September’s result marked the weakest inflation rate since June.

Accordingly, the trend pointed down, with annual average inflation coming in at 2.8% in September (August: 3.3%). Meanwhile, core inflation edged down to 0.6% in September, from the previous month’s 0.8%.

Lastly, consumer prices fell 0.36% from the previous month in September, contrasting August’s 0.55% rise. September’s result marked the weakest reading since May.

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