Inflation Thailand 2021

Average inflation: 1.2%

Current Inflation

Inflation is low at 1.2%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in April at 3.4%. The lowest inflation was in February at -1.2%.

Highest month
April: 3.4%
Lowest month
February: -1.2%
Difference
4.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 0.0%. The lowest price increase was in Energy with an average of -1.7%.

Highest increase
Core inflation: 0.0%
Lowest increase
Energy: -1.7%

Historical Context

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

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

Trend

Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+2.0 percentage point).

Change vs. previous year
+2.0 percentage points
Largest monthly swing
April: +6.4 percentage points

ECB Target

Inflation is 0.8% 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 €101.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Inflation by category

Food
-0.1%
-1.3vs avg.
More details →
Energy
-1.7%
-2.9vs avg.
More details →
Core inflation
0.0%
-1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2020
January -0.3% -1.4
February -1.2% -1.9
March -0.1% +0.4
April 3.4% +6.4
May 2.4% +5.8
June 1.2% +2.8
July 0.5% +1.5
August 0.0% +0.5
September 1.7% +2.4
October 2.4% +2.9
November 2.7% +3.1
December 2.2% +2.5
Average 1.2%

Data source

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

See also