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3 Sep 2026

Econ Digest

Thai and global economic conditions for September 2026

คะแนนเฉลี่ย

Global economy

  • Commodity prices remain elevated despite retreating from their peaks, amid ongoing tensions in the Middle East.
  • The US economy remains resilient, but the uneven recovery and high cost of living continue to weigh on consumer confidence.
  • The European economy has gained better momentum but remains vulnerable to persistently high energy prices.

Thai economy

  • Thailand's economy grew by 1.9% YoY in the second quarter of 2026 and 2.4% YoY in the first half of 2026. KResearch maintains its GDP growth forecast for this year at 2.0%, while the economy in the third quarter is expected to receive temporary support from government stimulus measures.
  • Exports remain strong, but Thailand is likely to continue experiencing a trade deficit due to imports of intermediate goods that are used to support investment and export-oriented production.
  • Thailand's headline inflation is projected to ease to 1.8% in 2026, reflecting limited cost pass-through, although inflation may accelerate in the fourth quarter due to the impact of El Niño.​


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