Thailand’s Inflation Accelerates Past Central Bank’s Target
8 Articles
8 Articles
Thailand Inflation Accelerates to 3.9%, Breaching BOT Target
Thailand’s inflation breached the central bank’s target ceiling for the first time in more than three years as higher oil prices and flood-related food costs intensified price pressures, though officials signaled the price spike may be temporary.
The Trade Policy and Strategy Office (TPSO) revealed that the inflation rate in October 2026 reached 3.90%, the highest in 45 months. The main factors were global oil prices and the impact of the floods on fresh vegetables. The Commerce Ministry is collaborating with the private sector to reduce prices of goods to help the public.
The Ministry of Commerce revealed that inflation in October 2026 surged to 3.90%, accelerating from the previous month's 2.82%, primarily driven by a 29.18% jump in fuel prices. The ministry maintained its full-year inflation forecast at 1.8–2.2%. The post “High Oil Prices” Push Oct. Inflation Up to 3.9%! “Commerce Ministry” Maintains Full-Year Target at 1.8–2.2% appeared first on Business Online Stock News.
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