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.

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Thailand Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-05 04:00 AM Mar 5.73% 5.28% 5.6% 6.3%
2022-05-05 04:00 AM Apr 4.65% 5.73% 4.98% 5.2%
2022-06-03 03:30 AM May 4.65% 5.9%


Related Last Previous Unit Reference
Inflation Rate 4.65 5.73 percent Apr 2022
Inflation Rate Mom 0.34 0.66 percent Apr 2022
Core Inflation Rate 2.00 2.00 percent Apr 2022
Producer Prices 114.00 112.00 points Apr 2022
Food Inflation 4.83 4.56 percent Apr 2022
Producer Prices Change 12.76 11.44 percent Apr 2022
CPI Transportation 111.67 112.16 points Apr 2022

Thailand Inflation Rate
In Thailand, the most important categories in the consumer price index are Food and non-alcoholic beverages (36 percent of total weight), Transportation and communication (24 percent) and Housing and furnishing (23 percent). Others include: Medical and personal care (6 percent); Recreation and education (6 percent); Apparel and footwear (3 percent); and Tobacco and alcoholic beverages (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
4.65 5.73 24.56 -4.38 1977 - 2022 percent Monthly
NSA

News Stream
Thailand Inflation Rate Below Forecasts in April
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.
2022-05-05
Thailand Inflation Rate Highest in 13-1/2 Years
The annual inflation rate in Thailand rose to 5.73% in March 2022 from 5.28% in the previous month, surpassing market expectations of 5.6% and representing the highest reading since September 2008. Food prices gained 4.56%, the most since April 2014, after a 4.51% increase in February, boosted by meats and seasonings. Also, transport inflation accelerated (11.29% vs 9.42%), mainly led by vehicles and vehicle operation; while there was a faster rise in housing cost (5.71% vs 5.69%). 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 March, the most since April 2012 and compared with February's reading and forecasts of 1.8%. On a monthly basis, consumer prices increased by 0.66% in March, the least in three months and slowing from a 1.06% gain in February.
2022-04-05
Thailand Inflation Rate Highest in Over 13 Years
The annual inflation rate in Thailand accelerated to 5.28 percent in February 2022 from 3.23 percent in the previous month, surpassing market expectations of 4.05 percent and representing the highest reading since September 2008. Food prices gained 4.51 percent, the most since April 2014, after a 2.39 percent increase in January, boosted by meats and seasonings. Also, transport inflation increased further (9.42 percent vs 9.44 percent), mainly led by vehicles and vehicle operation; while there was a sharp pickup in housing cost (5.69 percent vs 0.74 percent). Thailand's headline CPI for this year is projected to go up 1.5 percent, compared with 1.23 percent in 2021. Core consumer prices rose by 1.8 percent yoy in February, the most since August 2014 and way above forecasts of 0.62 percent. On a monthly basis, consumer prices rose 1.06 percent in February after gaining 1.13 percent in January.
2022-03-04