Headline rate in 2026 likely to be below 2.8% forecast, says central bank chief
A customer buys food at a stall participating in the Thais Help Thais Plus co-payment scheme, at the Bang Kapi Market in Bangkok. (Photo: Varuth Hirunyatheb)
Inflation in Thailand is likely to be below the Bank of Thailand’s forecast of 2.8% this year and to ease further next year, governor Vitai Ratanakorn said on Saturday.Monthly inflation in the fourth quarter is now expected to be less than the 4.5% previously projected, he said, allowing the central bank to navigate through temporary price pressures.
Headline inflation slowed to 2.42% in June, remaining within the central bank’s 1-3% target range and below expectations.
The impact of the energy price spike caused earlier by the Middle East war has turned out to be not as severe as many economists had forecast.
