Current inflation ประเทศไทย 0.6%

September 2024

Current Inflation

Inflation is very low at 0.9%, well below the ECB target.

Historical Context

Current inflation is 0.8% lower than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
1%
All-time high (2022)
6.1%
All-time low (2015)
-0.9%

Trend

Inflation shows a downward trend. Compared to 2023, inflation has fallen by +0.4 percentage point.

ECB Target

Inflation is 1.1% 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 €100.90 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

This year (avg.)
0.9%
Last year
1.3%
5-year average
0.9%
All-time high (2022)
6.1%