Thailand's annual inflation rate rose to 1.24 percent in March 2019 from 0.73 percent in February and above market consensus of 0.93 percent. It was the highest inflation rate since September last year, amid a faster rise in cost of food & non-alcoholic beverages (2.4 percent vs 1.9 percent in February) and a sharp rebound in cost of transport & communication prices (0.8 percent vs -0.7 percent). At the same time, inflation was unchanged for both medical & personal care and recreation & education (at 0.3 percent, respectively). Meantime, inflation slowed for both apparel & footwear (0.3 percent vs 0.6 percent) and housing & furnishing (0.6 percent vs 0.7 percent). For this year, the central bank expects inflation to be in the range of 1-4 percent. Core consumer prices, which exclude raw food and energy, increased by 0.58 percent in March, while markets had expected 0.6 percent. On a monthly basis, consumer prices went up 0.11 percent in March, after a 0.08 percent fall in February Inflation Rate in Thailand averaged 4.11 percent from 1977 until 2019, 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.

Inflation Rate in Thailand is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Thailand to stand at 1.00 in 12 months time. In the long-term, the Thailand Inflation Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.

Thailand Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-02 03:30 AM Inflation Rate YoY 0.36% 0.94% 1.00% 0.9%
2019-02-01 03:30 AM Inflation Rate YoY 0.27% 0.36% 0.27% 0.9%
2019-03-01 04:00 AM Inflation Rate YoY 0.73% 0.27% 0.58% 0.3%
2019-04-01 04:00 AM Inflation Rate YoY 1.24% 0.73% 0.93% 0.8%
2019-05-01 04:00 AM Inflation Rate YoY 1.24%
2019-06-03 04:00 AM Inflation Rate YoY
2019-07-02 03:45 AM Inflation Rate YoY 0.8%


Thailand Prices Last Previous Highest Lowest Unit
Inflation Rate 1.24 0.73 24.56 -4.38 percent [+]
Inflation Rate Mom 0.24 -0.02 4.00 -3.00 percent [+]
Consumer Price Index CPI 102.37 101.95 102.63 18.80 Index Points [+]
Core Consumer Prices 102.34 102.30 102.34 42.90 Index Points [+]
Core Inflation Rate 0.58 0.60 8.54 -1.12 percent [+]
GDP Deflator 153.81 159.23 159.23 73.83 Index Points [+]
Producer Prices 102.00 101.10 109.20 49.60 Index Points [+]
Export Prices 101.41 102.65 109.56 75.94 Index Points [+]
Import Prices 93.50 94.01 103.35 67.79 Index Points [+]
Food Inflation 2.40 1.89 26.34 -7.05 percent [+]
Producer Prices Change 0.39 -0.59 21.59 -13.00 percent [+]
CPI Housing Utilities 100.60 100.57 100.60 27.30 Index Points [+]
CPI Transportation 102.23 100.84 121.80 18.10 Index Points [+]


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). 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.24 0.73 24.56 -4.38 1977 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 54.70 Mar/19
Australia 1.30 Mar/19
Brazil 4.58 Mar/19
Canada 1.90 Mar/19
China 2.30 Mar/19
Euro Area 1.40 Mar/19
France 1.10 Mar/19
Germany 1.30 Mar/19
India 2.86 Mar/19
Indonesia 2.48 Mar/19
Italy 1.00 Mar/19
Japan 0.50 Mar/19
Mexico 4.00 Mar/19
Netherlands 2.80 Mar/19
Russia 5.30 Mar/19
Saudi Arabia -2.10 Mar/19
Singapore 0.60 Mar/19
South Africa 4.50 Mar/19
South Korea 0.40 Mar/19
Spain 1.30 Mar/19
Switzerland 0.70 Mar/19
Turkey 19.71 Mar/19
United Kingdom 1.90 Mar/19
United States 1.90 Mar/19


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