Inflation in Thailand

Thailand Inflation | Economic News & Forecasts

Thailand - Inflation

Inflation comes in at highest level since July 2008 in August

Inflation came in at 7.9% in August, which was up from July’s 7.6%. August's result was the highest inflation rate since July 2008.

The trend pointed up, with annual average inflation coming in at 4.8% in August (July: 4.2%). Finally, core inflation rose to 3.1% in August, from the previous month's 3.0%.

Consumer prices rose 0.05% from the previous month in August, contrasting the 0.16% drop seen in July.

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  

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

Value Change Date
Exchange Rate30.110.17 %Dec 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a 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