Thailand Inflation Rate

The inflation rate in Thailand was recorded at 2.11 percent in March of 2014. Inflation Rate in Thailand is reported by the Bureau of Trade and Economic Indices, Ministry of Commerce, Thailand. Inflation Rate in Thailand averaged 4.58 Percent from 1977 until 2014, 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. 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 - Thailand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.11 1.96 24.56 -4.38 1.78 | 2014/04 1977 - 2014 Percent Monthly
2011=100, NSA


Thailand Inflation Rate

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-02 04:00 AM Thailand
Inflation Rate YOY
Dec 2013 1.67% 1.92% 1.6% 1.58%
2014-02-03 04:30 AM Thailand
Inflation Rate YoY
Jan 2014 1.93% 1.67% 1.71% 1.73%
2014-03-03 04:30 AM Thailand
Inflation Rate YoY
Feb 2014 1.96% 1.93% 1.72%
2014-04-01 05:00 AM Thailand
Inflation Rate YoY
Mar 2014 2.11% 1.96% 2.2% 1.75%
2014-05-01 05:30 AM Thailand
Inflation Rate YoY
Apr 2014 2.11% 1.78%
2014-06-02 05:30 AM Thailand
Inflation Rate YoY
May 2014 1.81%

Prices Last Previous Highest Lowest Forecast Unit
Core Inflation Rate 1.31 2014-03-15 1.22 8.54 -1.12 1.37 2014-04-30 Percent [+]
Consumer Price Index (CPI) 106.94 2014-03-15 106.71 106.94 20.00 107.11 2014-04-30 Index Points [+]
Core Consumer Prices 104.22 2014-03-15 104.14 104.22 45.40 104.35 2014-04-30 Index Points [+]
Export Prices 103.48 2014-02-15 104.60 104.60 75.94 102.98 2014-03-31 Index Points [+]
GDP Deflator 232.47 2013-11-15 238.86 240.47 125.46 235.92 2014-03-31 Index Points [+]
Import Prices 102.56 2014-02-15 103.35 103.35 67.79 102.52 2014-03-31 Index Points [+]
Inflation Rate Mom 0.22 2014-03-15 0.23 4.00 -3.00 0.69 2014-04-30 Percent [+]
Producer Prices 141.50 2014-03-15 141.40 141.50 64.80 141.96 2014-04-30 Index Points [+]
Inflation Rate 2.11 2014-03-15 1.96 24.56 -4.38 1.78 2014-04-30 Percent [+]

Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


Bank of Thailand Cuts Rate to 2%  
At its March 12th 2014 meeting, the Bank of Thailand decided to cut the benchmark interest rate by 25 bps to 2 percent, as months of political unrest keep hurting the economy. The policy rate stands now at its lowest level since late 2010.
Thai Economy Expands 0.6% QoQ in Q4  
In the fourth quarter of 2013, the Thai economy advanced 0.6 percent over the previous quarter, far below the 2.7 percent growth rate recorded in the previous three-month period, confirming the impact of the protests on the economy.
Thai GDP Growth Slows Sharply in Q4  
In the fourth quarter of 2013, the Thai GDP grew a meager 0.6 percent over a year earlier, down from 2.7 percent in the preceding quarter, as political unrest hurt demand, tourism and investment.
Bank of Thailand Leaves Monetary Policy Unchanged  
Bank of Thailand decided on January 22nd to leave the benchmark interest rate unchanged at 2.25 percent. Although the central bank considers monetary policy stance is already quite accommodative enough, it cut GDP growth forecasts for 2013.
Bank of Thailand Cuts Rate by 25 bps  
Bank of Thailand decided on November 27th to cut the benchmark interest rate for the second time this year to 2.25 percent, as the current political situation threatens investor confidence and the delay in government spending poses downside risks to growth.
Thai GDP Expands 1.3% QoQ in Q3  
In the third quarter of 2013, Thailand’s GDP recorded the first expansion in three quarters and advanced 1.3 percent over the previous three-month period, as a surge in the manufacturing sector was enough to offset a drop in agriculture and construction.
Thai GDP Growth Slows to 2.7% YoY in Q3  
In the third quarter of 2013, the Thai economy expanded 2.7 percent over a year earlier, down from a 2.9 percent growth in the previous quarter. It is the slowest expansion in six quarters, mainly due to a drop in household consumption and investment.
Thai Monetary Policy Unchanged in October  
The Monetary Policy Committee of the Bank of Thailand decided on October 16th to leave the policy rate unchanged at 2.5 percent, citing uncertain global economic recovery and the delay in fiscal disbursement for infrastructure projects as key downside risks to the economy.
Bank of Thailand Keeps Policy Rate Steady at 2.5%  
The Monetary Policy Committee of the Bank of Thailand decided on August 21st to leave the policy rate unchanged at 2.5 percent, as inflation remains subdued, while risks to financial stability and uncertainties regarding global financial conditions warrant continued monitoring.
Thai Economic Outlook Remains Weak  
Recent data updates for Thailand show that strong growth is not likely to hold in the months ahead. While decline in consumer confidence suggests that consumption is likely to slow even further, exports continue to suffer from weak global demand.


Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.

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