Thai Inflation Declines for Sixth Consecutive Month, Approaching Zero – But Concerns Over Deflation Remain Unfounded
Thailand’s headline inflation rate declined for the sixth consecutive month in September, falling by 0.72% compared to the previous year, according to the Ministry of Commerce. This ongoing decrease is…
Thai Inflation Declines for the Fifth Consecutive Month
Thailand’s inflation rate declined for the fifth consecutive month in August, mainly due to weaker energy and fresh food prices. The Ministry of Commerce anticipates further declines throughout this year.…
Thailand’s May Inflation Still Negative; Government Lowers 2025 Forecast
Photo Credit: Commerce Ministry Thailand’s annual inflation remained negative for the second consecutive month in May, according to the Commerce Ministry, which also revised its full-year forecast down to near…
Central Bank States Low Thai Inflation ‘Does Not Hinder Growth’
The governor of the Bank of Thailand, Sethaput Suthiwartnarueput, stated that low inflation in Thailand is not an indication of deflation and does not hinder economic growth. His comments were…
Inflation Rises for the Twelfth Consecutive Month in March
Headline inflation rose by 0.84% year-on-year in March, marking the twelfth consecutive monthly increase, as reported by the Commerce Ministry. This uptick was primarily driven by higher prices for non-alcoholic…
September Sees Acceleration in Headline Inflation
Thailand’s annual headline inflation picked up in September, primarily driven by increased prices for diesel and certain vegetables, according to the Commerce Ministry on Monday. Nevertheless, inflation remains below the…
Inflation Rises by 0.35% in August
Inflation rose by 0.35% in August, largely driven by an increase in prices for fresh vegetables and fruits due to flood damage in key production areas. Poonpong Naiyanapakorn, director-general of…
Inflation for June of 0.62% Falls Short of Predictions
The Commerce Ministry announced that headline consumer price index (CPI) inflation increased by 0.62% in June compared to a year ago, following a previous annual growth of 1.54%. This June…
Headline Inflation Surges to 1.54%, Exceeding Projections
According to the Commerce Ministry, Thailand’s headline Consumer Price Index (CPI) increased by 1.54% in May compared to the previous year, contrasting with a 0.19% annual rise in the preceding…
Thailand aims to accelerate inflation.
In today’s economic landscape, it’s increasingly rare to find leaders advocating for faster inflation. While many politicians shy away from promoting an accelerated rise in prices, there exists a country…