The annual inflation rate in Thailand fell to 4.65% in April 2022 from March's 13-1/2-year high of 5.73% and less than market estimates of 4.98%. The latest reading was the lowest since the start of the year, amid a slight slowdown in cost of transport (10.73% vs 11.29%), mainly led by vehicles and vehicle operation. In addition, housing inflation slowed sharply (0.98% vs 5.71%). Meantime, food prices gained 4.83%, the most since July 2012, after a 4.56% increase in March, boosted by meats, eggs and dairy products, and seasonings. Thailand's headline CPI for this year is projected to rise between 4 to 5%, compared with 1.23% in 2021.Core consumer prices rose by 2% yoy in April, the same as in March and staying at a near decade high. source: Bureau of Trade and Economic Indices, Ministry of Commerce, Thailand
Inflation Rate in Thailand averaged 3.88 percent from 1977 until 2022, reaching an all time high of 24.56 percent in June of 1980 and a record low of -4.38 percent in July of 2009. This page provides the latest reported value for - Thailand Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Inflation Rate in Thailand is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Inflation Rate is projected to trend around 2.80 percent in 2023 and 3.00 percent in 2024, according to our econometric models.