Inflation Rate in Thailand decreased to -0.79 percent in August from -0.70 percent in July of 2025. This dataset 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.

In 2019, the average inflation rate in Thailand amounted to about 0.71 percent compared to the previous year, when it was just recovering from a slump below the 0-percent-mark in 2015.

Political turmoil begets economic turmoil

In 2014, after a coup d’etat following months of political crisis, the Thai military took over the country, and the senate and government were dissolved. As a result, Thailand’s economy experienced a sudden downturn, GDP growth and inflation slumped, while unemployment, which is usually delayed in reflecting economic struggles, has been increasing ever since.

Services help stabilization

Apart from the struggles in recent years, Thailand’s economy as a whole is quite stable. Its main GDP generator is the services sector , which includes tourism and telecommunications, and which has shown a stable real GDP growth for the past few years. The new military government also wants to boost the economy further by focusing on high-tech industries and services, with the goal of making Thailand a high-income nation with an economic focus on innovation and growth.

Core consumer prices in Thailand increased 0.81 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Thailand Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Inflation, consumer prices for Thailand (FPCPITOTLZGTHA) from 1960 to 2024 about Thailand, consumer, CPI, inflation, price index, indexes, and price.

The Consumer Price Index in Thailand decreased 0.01 percent in August of 2025 over the previous month. This dataset provides the latest reported value for - Thailand Inflation Rate Mom - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Thailand TH: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 2.314 % in 2017. This records a decrease from the previous number of 2.361 % for 2016. Thailand TH: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.743 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 20.335 % in 1974 and a record low of -4.995 % in 1970. Thailand TH: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Cost of food in Thailand decreased 0.08 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Thailand Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing Thailand inflation rate by year from 1960 to 2023.

Key information about Thailand Consumer Price Index CPI growth

• Thailand Consumer Price Index (CPI) growth was measured at 1.1 % YoY in Feb 2025, compared with a rate of 1.3 % in the previous month.
• Thailand Consumer Price Index growth data is updated monthly, available from Jan 1966 to Feb 2025, with an averaged number of 3.2 % YoY.
• The data reached an all-time high of 28.8 % YoY in May 1974 and a record low of -4.4 % YoY in Jul 2009.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Trade Policy and Strategy Office provides Consumer Price Index with base 2023=100. Consumer Price Index Growth prior to January 1977 is sourced from the International Monetary Fund. [COVID-19-IMPACT]

Thailand MOF Forecast: Core Inflation: YoY data was reported at 0.700 % in 2018. This records an increase from the previous number of 0.600 % for 2017. Thailand MOF Forecast: Core Inflation: YoY data is updated yearly, averaging 0.850 % from Dec 2013 (Median) to 2018, with 6 observations. The data reached an all-time high of 1.600 % in 2013 and a record low of 0.600 % in 2017. Thailand MOF Forecast: Core Inflation: YoY data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Thailand – Table TH.I002: Inflation: Forecast: Ministry of Finance.

View yearly updates and historical trends for Thailand Inflation Rate Outlook, End of Period Consumer Prices. Source: International Monetary Fund. Track e…

Inflation rate (GDP deflator) of Thailand plummeted by 27.26% from 1.3 % in 2023 to 0.9 % in 2024. Since the 162.56% surge in 2022, inflation rate (GDP deflator) sank by 80.10% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Inflation, consumer prices (annual %) in Thailand was reported at 1.3658 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

According to a 2023 survey by Rakuten Insight on inflation in Thailand, over half of the female and male respondents indicated that they had to be cautious with their expenses. Around **** percent of the female and ** percent of male survey participants said they were not impacted at all by inflation.

View yearly updates and historical trends for Thailand Inflation Rate Outlook, Average Consumer Prices. Source: International Monetary Fund. Track economi…

Headline Inflation Target: Annual Average data was reported at 2.500 % in 2019. This stayed constant from the previous number of 2.500 % for 2018. Headline Inflation Target: Annual Average data is updated yearly, averaging 2.500 % from Dec 2015 (Median) to 2019, with 5 observations. The data reached an all-time high of 2.500 % in 2019 and a record low of 2.500 % in 2019. Headline Inflation Target: Annual Average data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.I001: Inflation Target.

According to a 2023 survey by Rakuten Insight on inflation in Thailand, over half of the respondents indicated that they need to be cautious with their expenses. Almost *** percent of the survey participant said they were unable to cope with inflation.

According to a 2023 survey by Rakuten Insight on inflation in Thailand, almost ** percent of the respondents said that household spending that was impacted the most by inflation was the purchase of necessities, including food, clothing, and healthcare. An inability to save money was the least of concerns among the survey participants.

According to a survey on inflation in Thailand as of January 2023, the majority of the survey participants from both the central region and the rest of Thailand said inflation somewhat impacted them negatively. However, more respondents from other regions of Thailand indicated inflation gravely impacted them compared to those from the central region.

Thailand MOF Forecast: Inflation: YoY data was reported at 1.200 % in 2018. This records an increase from the previous number of 0.700 % for 2017. Thailand MOF Forecast: Inflation: YoY data is updated yearly, averaging 0.450 % from Dec 2013 (Median) to 2018, with 6 observations. The data reached an all-time high of 1.900 % in 2013 and a record low of -0.900 % in 2015. Thailand MOF Forecast: Inflation: YoY data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Thailand – Table TH.I002: Inflation: Forecast: Ministry of Finance.