Thailand Inflation Rate

Consumer prices in Thailand rose for the third consecutive month by 0.38 percent year-on-year in June of 2016, following 0.46 percent increase in May. The growth was mainly driven by higher food prices (+2.8 percent); clothing and footwear (+0.4 percent); recreation and education (+1.0 percent) while housing and furnishings prices dropped 1.4 percent and transportation and communication fell 2.4 percent. On a monthly basis, consumer prices were flat. Core inflation rate remained unchanged at 0.8 percent. Inflation Rate in Thailand averaged 4.34 percent from 1977 until 2016, 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 reported by the Bureau of Trade and Economic Indices, Ministry of Commerce, Thailand. In Thailand, the most important categories in the consumer price index are Food (33 percent of total weight), Transportation and communication (27 percent of total weight) and Housing and furnishing (23.5 percent of total weight). Others include: Health care (7 percent); Recreation and education (5 percent), Electricity, fuel and water supply (5 percent) and Apparel and footwear (3 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.