Inflation Thailand 2022
Average inflation: 6.1%
Current Inflation
Inflation is very high at 6.1%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 7.9%. The lowest inflation was in January at 3.2%.
- Highest month
- August: 7.9%
- Lowest month
- January: 3.2%
- Difference
- 4.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.9%. The lowest price increase was in Core inflation with an average of 0.6%.
- Highest increase
- Food: 6.9%
- Lowest increase
- Core inflation: 0.6%
Historical Context
Current inflation is 4.4% higher than the 5-year average of 1.7%. This approaches the highest level since records began (6.1% in 2022).
- 5-year average
- 1.7%
- 10-year average
- 1.2%
- All-time high (2022)
- 6.1%
- All-time low (2015)
- -0.9%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.9 percentage point.
- Change vs. previous year
- +4.9 percentage points
- Largest monthly swing
- August: +7.9 percentage points
ECB Target
Inflation is 4.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 3.2% | +3.5 |
| February | 5.3% | +6.5 |
| March | 5.7% | +5.8 |
| April | 4.6% | +1.2 |
| May | 7.1% | +4.7 |
| June | 7.7% | +6.5 |
| July | 7.6% | +7.1 |
| August | 7.9% | +7.9 |
| September | 6.4% | +4.7 |
| October | 6.0% | +3.6 |
| November | 5.5% | +2.8 |
| December | 5.9% | +3.7 |
| Average | 6.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.