Inflation in Thailand

Thailand Inflation | Economic News & Forecasts

Thailand - Inflation

Inflation jumps in February

Consumer prices rose 0.24% in February over the previous month (January: -0.02% month-on-month) on higher prices for transportation and communication; non-food and beverages; and raw food and energy, while prices for food and non-alcoholic beverages increased at a softer pace in February compared to January.

Inflation more than doubled from 0.3% in January to 0.7% in February, but remained below the Bank of Thailand’s 1.0%–4.0% target range. Lastly, core inflation, which excludes raw food and energy, edged down from 0.7% in January to 0.6% in February.

Thailand Inflation Forecast

The Bank of Thailand sees inflation at 1.0% in 2019. FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is unchanged from last month’s forecast. For 2020, panelists predict average inflation of 1.5%.

Thailand - Inflation Data

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

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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 Yield2.520.0 %Mar 11
Exchange Rate31.660.17 %Mar 11
Stock Market1,627-1.41 %Mar 11

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