Inflation in Thailand

Thailand Inflation | Economic News & Forecasts

Thailand - Inflation

Inflation eases in September

Thai consumer prices increased 0.29% over the previous month in September, up slightly from August’s 0.26% rise. The uptick in prices was broad-based, with all categories registering higher prices in September. Food and non-alcoholic beverages; transportation and communication; and energy recorded particularly sharp price rises.

Inflation, meanwhile, decreased to 1.3% in September from 1.6% in August, partly due to a less favorable base effect, but remained within Bank of Thailand’s 1.0%–4.0% target range. The figure was in line with market expectations. Lastly, core inflation, which excludes raw food and energy, remained stable for the fifth consecutive month at 0.8% in September.

Thailand Inflation Forecast

The Bank of Thailand sees inflation at 1.1% in 2018 and 1.2% in 2019. FocusEconomics Consensus Forecast panelists expect inflation to average 1.2% in 2018, which is unchanged from last month’s forecast. For 2019, panelists predict average inflation of 1.5%, also unchanged from last month’s forecast.

Thailand - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.2  1.9  -0.9  0.2  0.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


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 Yield2.750.0 %Oct 12
Exchange Rate32.650.17 %Oct 12
Stock Market1,696-1.41 %Oct 12

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form