Thailand's annual inflation rate eased to a 16-month low of 0.36 percent in December 2018 from 0.94 percent in the previous month and far below market consensus of 1.0 percent. Food prices rose at a softer pace (0.9 percent vs 1 percent in November) while transport & communication costs fell (-0.6 percent vs 1.6 percent). At the same time, inflation was steady for both tobacco & alcoholic beverages (at 0.2 percent) and recreation & education (at 0.3 percent), while it picked up for: apparel & footwear (0.3 percent vs 0.2 percent); housing & furnishing (0.6 percent vs 0.5 percent); and medical & personal care (0.6 percent vs 0.4 percent). The core inflation rate, which excludes raw food and energy, was almost unchanged at 0.68 percent in December, also below market consensus of 0.75 percent. In 2018, the headline inflation rate was 1.07 percent, while the core rate was 0.71 percent. Inflation Rate in Thailand averaged 4.13 percent from 1977 until 2018, 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 1.10 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 0.80 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
2018-10-01 03:45 AM Inflation Rate YoY 1.33% 1.62% 1.3% 1.7%
2018-11-01 03:45 AM Inflation Rate YoY 1.23% 1.33% 1.3% 1.2%
2018-12-03 03:30 AM Inflation Rate YoY 0.94% 1.23% 1.0% 0.9%
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 0.36%
2019-03-01 04:00 AM Inflation Rate YoY
2019-04-01 02:30 AM Inflation Rate YoY 0.6%


Thailand Prices Last Previous Highest Lowest Unit
Inflation Rate 0.36 0.94 24.56 -4.38 percent [+]
Inflation Rate Mom -0.65 -0.22 4.00 -3.00 percent [+]
Consumer Price Index CPI 101.73 102.40 102.65 18.80 Index Points [+]
Core Consumer Prices 102.30 102.29 102.30 42.90 Index Points [+]
Core Inflation Rate 0.68 0.69 8.54 -1.12 percent [+]
GDP Deflator 159.99 154.02 159.99 73.83 Index Points [+]
Producer Prices 101.00 102.60 109.20 49.60 Index Points [+]
Export Prices 106.49 106.37 109.56 75.94 Index Points [+]
Import Prices 97.95 99.36 103.35 67.79 Index Points [+]
Food Inflation 0.90 1.04 26.34 -7.05 percent [+]
Producer Prices Change -0.49 0.89 21.59 -13.00 percent [+]
CPI Housing Utilities 100.39 100.36 100.39 27.30 Index Points [+]
CPI Transportation 100.90 103.17 121.80 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.36 0.94 24.56 -4.38 1977 - 2018 percent Monthly
NSA




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 2.00 Dec/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.30 Dec/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.80 Nov/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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