Cost of food in Thailand increased 2.80 percent in May of 2019 over the same month in the previous year. Food Inflation in Thailand averaged 4.89 percent from 1977 until 2019, reaching an all time high of 26.34 percent in May of 1980 and a record low of -7.05 percent in November of 1984.
Food Inflation in Thailand is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Thailand to stand at 1.80 in 12 months time. In the long-term, the Thailand Food Inflation is projected to trend around 2.80 percent in 2020, according to our econometric models.