The Latest Breaking News from the Commerce Ministry

Inflation likely to dip on low fuel rates

The Commerce Ministry is maintaining its 2023 forecast for average headline inflation in a range of 1.7-2.7%, after cutting it last month from 2-3%.

Bangkok Post · May 3, 2023

Headline CPI up 2.67%, slowest in 16 months

Thailand's headline inflation dropped to its lowest in 16 months in April, coming in close to expectations owing to lower energy and food prices and a high base in 2022, the Commerce Ministry said on Wednesday.

Bangkok Post · May 3, 2023

Tea Industry seeks floor price in the wake of rising cost, drop in production

Highlighting a spike in cost of production and a decline in crop in Darjeeling and the Dooars region of West Bengal, the tea industry has urged the Commerce Ministry to declare a floor price for tea.

The Hindu · Apr 27, 2023

Agency upbeat on carbon credit market

The carbon credit market is growing rapidly, indicating an opportunity to increase the value of agricultural and export products as well as reduce carbon emissions, according to the Trade Policy and Strategy Office (TPSO) under the Commerce Ministry.

Bangkok Post · Apr 9, 2023

Inflation forecast lowered for 2023

The Commerce Ministry has downgraded its headline inflation outlook for this year from a range of 2-3% to 1.7-2.7%, in line with economic conditions and falling energy prices.

Bangkok Post · Apr 5, 2023

Inflation up 2.83% in March, slowest pace in 15 months

Thailand's headline consumer price index (CPI) rose a less than forecast 2.83% in March from a year earlier, the slowest pace in 15 months due to lower energy and food prices, the Commerce Ministry said on Wednesday.

Bangkok Post · Apr 5, 2023

Thai exports expected to recover in second half

The Commerce Ministry projects the country's export sector to gradually recover in the latter part of the year as inflationary pressures and global supply chain issues align with energy price trends.

Bangkok Post · Mar 30, 2023

Feb exports fall less than forecast

Thailand's customs-based exports contracted for a fifth straight month in February, down 4.7% from a year earlier, due to a slowing global economy, the Commerce Ministry said on Thursday.

Bangkok Post · Mar 30, 2023