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Thailand's June CPI Falls to 2.42% YoY, Below Market Forecast

2026-07-06 04:16:57

According to Thailand's Commerce Ministry, Thailand's June consumer price index rose 2.42% year-on-year on Monday, down from 2.79% in May and below the market consensus of 2.7%. The easing inflation reinforces the central bank's view that near-term price increases are insufficient to justify immediate rate hikes. The Bank of Thailand has maintained that inflation pressures are temporary and has signaled willingness to tolerate short-term price pressures to support economic growth.

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