Thailand’s headline inflation is on an upward trajectory, with forecasts projecting a return towards the central bank’s target range of 1% to 3%. Meanwhile, core inflation remains significantly lower, hovering around 0.8%, according to the Bank of Thailand.1
The currently manageable inflation rate for consumers may only represent the tip of the iceberg, as future inflationary pressure could be influenced by expectations of further US Federal Reserve tightening, alongside ongoing tensions in the Gulf region and broader global economic uncertainties.2
