Inflation Thailand 2018

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in August at 1.6%. The lowest inflation was in February at 0.4%.

Highest month
August: 1.6%
Lowest month
February: 0.4%
Difference
1.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 1.0%. The lowest price increase was in Food with an average of 0.4%.

Highest increase
Energy: 1.0%
Lowest increase
Food: 0.4%

Historical Context

Current inflation is 0.5% higher than the 5-year average of 0.6%.

5-year average
0.6%
10-year average
1.5%
All-time high (2011)
3.8%
All-time low (2015)
-0.9%

Trend

Inflation has remained relatively stable. Compared to 2017, the difference is minimal (+0.4 percentage point).

Change vs. previous year
+0.4 percentage points
Largest monthly swing
May: +1.5 percentage points

ECB Target

Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food
0.4%
-0.7vs avg.
More details →
Energy
1.0%
-0.1vs avg.
More details →
Core inflation
0.5%
-0.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2017
January 0.7% -0.9
February 0.4% -1.0
March 0.8% 0.0
April 1.1% +0.7
May 1.5% +1.5
June 1.4% +1.4
July 1.5% +1.3
August 1.6% +1.3
September 1.3% +0.4
October 1.2% +0.3
November 0.9% -0.1
December 0.4% -0.4
Average 1.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also