Thailand Inflation Slows to 1.95% in July as Rate-Hold Case Strengthens
Updated
Updated · Bloomberg · Aug 5
Thailand Inflation Slows to 1.95% in July as Rate-Hold Case Strengthens
3 articles · Updated · Bloomberg · Aug 5
Summary
Thailand’s consumer price index rose 1.95% in July, down from 2.42% in June and marking a third straight month of easing.
The reading came in below economists’ forecasts for a pickup, reinforcing the Bank of Thailand’s view that it can keep interest rates unchanged to support growth.
Fuel and food costs still pushed prices higher, with core inflation at 1.34% and the CPI index at 102.10.
For the first seven months of 2026, average inflation was 1.21%, keeping price growth within the government’s 1.5%-2.5% outlook and limiting stagflation concerns.