Inflation in Thailand

Thailand Inflation | Economic News & Forecasts

Thailand - Inflation

Inflation decreases in July

Consumer prices fell 0.16% in July over the previous month, contrasting the 0.90% increase logged in June. July's result marked the weakest reading since December 2021.

Inflation eased to 7.6% in July, following June’s 7.7%. Annual average inflation rose to 4.2% in July (June: 3.6%). Lastly, core inflation rose to 3.0% in July, from the previous month's 2.5%.

FocusEconomics Consensus Forecast panelists project inflation to average 5.3% in 2022, up 0.6 percentage points from last month’s forecast, while for 2023, panelists project average inflation of 2.1%.

Thailand - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.9  0.2  0.7  1.1  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

Value Change Date
Exchange Rate30.110.17 %Dec 30

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