Nation Thailand
Thai inflation hits three-month high on fuel and food
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◌ Single Source
Thailand’s headline inflation accelerated to 2.53% year on year in August 2026, reaching a three-month high as elevated fuel costs and widespread food price increases pushed up consumer prices.
Key facts
- Nantapong Chiralerspong, director-general of the Trade Policy and Strategy Office (TPSO) at the Ministry of Commerce, said the Consumer Price Index (CPI) stood at 102.67 in August
- For January–August, the average CPI was 1.37% higher than in the same period of 2025.
- The latest international comparison covered July 2026, when Thailand’s headline inflation rate was 1.95% year on year
- The Commerce Ministry has maintained its forecast for average headline inflation in 2026 at 1.5–2.5%, with a midpoint of 2.0%.
- Prices in the food and non-alcoholic beverages category rose 2.99% year on year
- The category covering goods and services other than food and beverages increased 2.23% from a year earlier, driven principally by fuel and public transport costs.
Summary
Nantapong Chiralerspong, director-general of the Trade Policy and Strategy Office (TPSO) at the Ministry of Commerce, said the Consumer Price Index (CPI) stood at 102.67 in August. The annual inflation rate was up from 1.95% in July.
Nantapong attributed much of August’s increase to domestic fuel prices remaining above year-earlier levels because of the prolonged Middle East conflict and additional economic sanctions.