Thailand's annual inflation rate rose to 0.73 percent in February 2019 from 0.27 percent in the previous month and above market consensus of 0.58 percent. Still, it remained below the central bank's target range of 1-4 percent for a fourth straight month. Inflation picked up for food & non-alcoholic beverages (1.9 percent vs 1.3 percent in January) and apparel & footwear (0.6 percent vs 0.2 percent); but was unchanged for recreation & education (at 0.3 percent) and slowed for housing & furnishing (0.7 percent vs 0.8 percent) and medical & personal care (0.3 percent vs 0.7 percent). By contrast, transport & communication prices continued to fall (-0.7 percent vs -1.9 percent). Core consumer prices, which exclude raw food and energy, increased by 0.6 percent in January, missing expectations of 0.7 percent. On a monthly basis, consumer prices went up 0.24 percent in February, the first monthly rise in four months. 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 0.60 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
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 0.27% 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 0.73% 0.6%
2019-05-02 04:00 AM Inflation Rate YoY
2019-06-03 04:00 AM Inflation Rate YoY


Thailand Prices Last Previous Highest Lowest Unit
Inflation Rate 0.73 0.27 24.56 -4.38 percent [+]
Inflation Rate Mom 0.24 -0.02 4.00 -3.00 percent [+]
Consumer Price Index CPI 101.95 101.71 102.63 18.80 Index Points [+]
Core Consumer Prices 102.32 102.30 102.32 42.90 Index Points [+]
Core Inflation Rate 0.60 0.69 8.54 -1.12 percent [+]
GDP Deflator 153.81 159.23 159.23 73.83 Index Points [+]
Producer Prices 101.10 100.80 109.20 49.60 Index Points [+]
Export Prices 102.65 105.23 109.56 75.94 Index Points [+]
Import Prices 94.01 96.12 103.35 67.79 Index Points [+]
Food Inflation 1.89 1.34 26.34 -7.05 percent [+]
Producer Prices Change -0.59 -1.08 21.59 -13.00 percent [+]
CPI Housing Utilities 100.57 100.57 100.57 27.30 Index Points [+]
CPI Transportation 100.84 100.03 121.80 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.73 0.27 24.56 -4.38 1977 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 50.70 Feb/19
Australia 1.80 Dec/18
Brazil 3.89 Feb/19
Canada 1.50 Feb/19
China 1.50 Feb/19
Euro Area 1.50 Feb/19
France 1.30 Feb/19
Germany 1.50 Feb/19
India 2.57 Feb/19
Indonesia 2.57 Feb/19
Italy 1.00 Feb/19
Japan 0.20 Feb/19
Mexico 3.94 Feb/19
Netherlands 2.60 Feb/19
Russia 5.20 Feb/19
Saudi Arabia -2.20 Feb/19
Singapore 0.40 Jan/19
South Africa 4.10 Feb/19
South Korea 0.50 Feb/19
Spain 1.10 Feb/19
Switzerland 0.60 Feb/19
Turkey 19.67 Feb/19
United Kingdom 1.90 Feb/19
United States 1.50 Feb/19


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