File photo for reference only

 

Thailand's annual inflation rate continued its downward trend, marking the sixth straight month of decline in September 2025, according to the Ministry of Commerce. Despite the near-zero inflation rate anticipated for the final quarter, authorities are dispelling fears of deflation. The Headline Consumer Price Index (CPI) for September was recorded at 100.11, a 0.72% decrease from the previous year.

 

This decline is largely attributed to substantial reductions in energy prices, such as fuel and electricity tariffs, thanks to government interventions. The price drop in fresh food items like eggs, vegetables, and fruit also contributed to the lower inflation figures. However, the Director-General of the Trade Policy and Strategy Office (TPSO), Nantapong Jiralertpong, reassured that Thailand is not experiencing deflation, as Core CPI remains positive.

 

Core inflation, which excludes the volatile energy and fresh food sectors, rose by 0.65% year-on-year. Although this represents a decrease from August's 0.81%, it shows continued domestic demand, especially in sectors like prepared food and recreation. Nantapong stated, “Many people are asking whether Thailand is now in deflation. Deflation has many components, but if we consider the overall picture, domestic demand persists."

 

Employment levels have remained stable, adding to the argument that the economy is not in deflation. Nantapong emphasized the need for ongoing observation, suggesting that while deflation concerns are currently unfounded, the situation requires careful monitoring. Looking ahead, authorities will continue to implement and assess measures to maintain economic stability.

 

Key Takeaways

• Thailand's CPI fell by 0.72% in September, marking six months of decline.
• Core inflation remains positive, indicating ongoing domestic demand.
• Authorities assert that current economic conditions do not qualify as deflation.

 

Related Stories:

Thailand's Inflation Set for Positive Shift by Year-End

Thailand's Central Bank Dismisses Deflation Fears Amid Low Inflation

 

  Adapted by ASEAN Now from The Nation 2025-10-07

 

 

5 minutes ago, snoop1130 said:

Key Takeaways

 

• What is claimed in the OP is completely different from what I see in the supermarkets.

As an example tinned tuna and other fish has in the last 2 weeks increased in price with no less than 10%

Many other items also increase in price continuously

9 minutes ago, CallumWK said:

 

• What is claimed in the OP is completely different from what I see in the supermarkets.

As an example tinned tuna and other fish has in the last 2 weeks increased in price with no less than 10%

Many other items also increase in price continuously

Yes, my instant coffee, without the fancy packaging,  has just gone up 20%.

But can someone tell me what is wrong with no inflation, it existed for ages in the old days.

Tell my wife that, Monday morning is weekly market day, most weeks she is saying that this has gone up so has that, etc. Something is wrong here.

In BigC my Bon cafe has gone up at least 20%, over the past few months.

Everything is up, but they have chosen articles as fruit and vegetables that are growing in the rainy season and are cheaper because there is a lot of it.. All other products are up, except the diesel they lowered the price this week a bit, maybe to come to these figures.. Everything in Thailand must look good, but the reality is totally different...Prices are rising as we can read with 20% or more.. and especially imported articles.. 

4 hours ago, CallumWK said:

 

• What is claimed in the OP is completely different from what I see in the supermarkets.

As an example tinned tuna and other fish has in the last 2 weeks increased in price with no less than 10%

Many other items also increase in price continuously

Are you writing down the prices weekly to calculate the price increase? 

Who calculates the inflation rate TAT?

5 minutes ago, Mike_Hunt said:

Are you writing down the prices weekly to calculate the price increase? 

 

I don't need to write them down, I have a functioning brain, in contrast with an ignorant MAGA troll

3 minutes ago, CallumWK said:

 

I don't need to write them down, I have a functioning brain, in contrast with an ignorant MAGA troll

If you provided objective evidence,  I would believe you.    The prices are not increasing; your brain is trying to mush. 

5 minutes ago, CallumWK said:

 

I don't need to write them down, I have a functioning brain, in contrast with an ignorant MAGA troll

Additionally, it is recommended that you read the article. 

 

This decline is largely attributed to substantial reductions in energy prices, such as fuel and electricity tariffs, thanks to government interventions. The price drop in fresh food items like eggs, vegetables, and fruit also contributed to the lower inflation figures. However, the Director-General of the Trade Policy and Strategy Office (TPSO), Nantapong Jiralertpong, reassured that Thailand is not experiencing deflation, as Core CPI remains positive.

2 minutes ago, Mike_Hunt said:

If you provided objective evidence,  I would believe you.    The prices are not increasing; your brain is trying to mush. 

 

A request for evidence from a MAGA troll who never in his forum life has posted anything but silly memes, and unevidenced claims.

There is a basket of items used to calculate the the CPI and thus inflation.

 

Rice and Staples: Rice, bread, and other grains.
Meat and Protein: Pork, chicken, eggs, fish.
Fruits and Vegetables: A variety of fresh, seasonal produce.
Beverages: Water, soft drinks, and other non-alcoholic drinks.
Dairy: Milk and other dairy products

 

Coffee is not included.

2 minutes ago, CallumWK said:

 

A request for evidence from a MAGA troll who never in his forum life has posted anything but silly memes, and unevidenced claims.

If you would like to discuss evidence, you'll need to post some evidence.  BTW Inflation in Thailand is not based on the buying habits of a foreigner. 

It's been a long time that Thailand has been this cheap compared to the UK.

 

5 hours ago, snoop1130 said:

Despite the near-zero inflation rate anticipated for the final quarter, authorities are dispelling fears of deflation.

 

So then, let's assume we will now see five years of deflation here...then what?

 

What will this do to rates for rentals?

 

So, will impending deflation be a positive thing for most Farang?

 

=============

In the USA, the pricing for almost everything is TOTALLY OUT OF WHACK.....

For some very strange reason, prices for anything you might think of is DOUBLE what it should be.

 

How can these sky-high prices be justified?

 

==============

 

Also, have we ever seen some similar circumstance where prices are DOUBLE what they should be, and what happened then?

 

Also, the price of Stilton cheese, I have noticed, is about TRIPLE what it should be.

 

Here in Thailand, the price of eggs is quite fair.

 

I think the price of TUNA (canned tuna) is now about 40% too high.

 

=============

It seems to me that pricing for food products, at least some, are ARTIFICIALLY inflated, using various means.

But I don't know how to put an end to this type of thing.

 

==========

So, will rental prices for homes and condos, for locals, begin falling??????

THIS is the question I often ask myself at night, or in the morning.

 

 

 

7 hours ago, CallumWK said:

 

• What is claimed in the OP is completely different from what I see in the supermarkets.

As an example tinned tuna and other fish has in the last 2 weeks increased in price with no less than 10%

Many other items also increase in price continuously

 

And one can point out that other consumer items have either decreased in cost or stayed flat  Energy is a critical component of  consumer prices and the cost of energy used in manufacture and logistics decreased. Consumers also paid less. There have been  excellent harvests this year with  the result that fresh produce costs have decreased. Have you been in a Big C or lotus's lately? The cost of many consumer items has decreased. There are always sales on home appliances and my imporession is that the costs are similar or slightly less than in previous years. Have a look at the clothes on sale at Lotus. The price of things like childrens clothes, socks and footwear is down. I wouldn't wear that stuff, but poor people and Farang tourists do. It seems to be popular with the Russians.

Look at a basket of goods and services to determine the trend.

5 hours ago, kickstart said:

Tell my wife that, Monday morning is weekly market day, most weeks she is saying that this has gone up so has that, etc. Something is wrong here.

In BigC my Bon cafe has gone up at least 20%, over the past few months.

Inflation down says the Thai commerce minister , but the mighty baht is inflated!

9 hours ago, CallumWK said:

 

• What is claimed in the OP is completely different from what I see in the supermarkets.

As an example tinned tuna and other fish has in the last 2 weeks increased in price with no less than 10%

Many other items also increase in price continuously

 

Agree 100%

2 hours ago, Patong2021 said:

 

And one can point out that other consumer items have either decreased in cost or stayed flat  Energy is a critical component of  consumer prices and the cost of energy used in manufacture and logistics decreased. Consumers also paid less. There have been  excellent harvests this year with  the result that fresh produce costs have decreased. Have you been in a Big C or lotus's lately? The cost of many consumer items has decreased. There are always sales on home appliances and my imporession is that the costs are similar or slightly less than in previous years. Have a look at the clothes on sale at Lotus. The price of things like childrens clothes, socks and footwear is down. I wouldn't wear that stuff, but poor people and Farang tourists do. It seems to be popular with the Russians.

Look at a basket of goods and services to determine the trend.

Have a look at the clothes on sale at Lotus. The price of things like childrens clothes, socks and footwear is down. I wouldn't wear that stuff, but poor people and Farang tourists do. It seems to be popular with the Russians.

 

Are you for real?

I guess you wear a tweed jacket with matching tiara.

15 hours ago, snoop1130 said:

Authorities assert that current economic conditions do not qualify as deflation.

Wishful sinking.

6 hours ago, emptypockets said:

Have a look at the clothes on sale at Lotus. The price of things like childrens clothes, socks and footwear is down. I wouldn't wear that stuff, but poor people and Farang tourists do. It seems to be popular with the Russians.

 

Are you for real?

I guess you wear a tweed jacket with matching tiara.

 

 

What is wrong with tweed? If one  selects an appropriate fabric such as a light linen, it can work at night in places like a restaurant where the AC is too powerful. A tweed jacket comes in handy when the cool winds of December descend upon Thailand.

I don't know where you were raised, but one does not match a tiara with tweed. Aside from that, I am not a woman, and I do not host formal dinners in my home nor attend too many formal events. 

 

 

Is this your idea of fashion?