Thailand Inflation Climbs as Food and Fuel Costs Bite

Thailand Inflation Climbs as Food and Fuel Costs Bite

Thailand’s headline inflation rose 2.42% year-on-year in June, marking the third straight month of positive inflation. The Ministry of Commerce said the consumer price index reached 102.85, largely due to higher domestic fuel prices, public transport fares, and prepared food costs. A survey of 1,535 food stalls found that several popular single-plate meals had increased by 5 to 10 baht per serving. Officials expect inflation to remain elevated in the third quarter, with a forecast of 2.79% year-on-year. The full-year inflation projection remains at 1.5% to 2.5%, though authorities said they will continue monitoring food prices and oil market movements.