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4 Apr 2025

Thai Economy

Thailand’s inflation for March 2025 slowed to 0.84% YoY; full-year inflation projected to slide to 0.5% amid an economic slowdown (Business Brief No.4143 Full Ed.)

คะแนนเฉลี่ย
  • Thailand’s headline inflation rate for March 2025 slowed to 0.84 percent YoY, driven by declines in domestic energy prices compared to March 2024 and prices of several agricultural products caused by more favorable weather conditions for production this year.
  • KResearch has lowered Thailand’s 2025 inflation forecast from 0.7 to 0.5 percent, as inflation may slow to less than 1 percent during the rest of this year.
  • Key factors potentially pressuring Thailand’s inflation rate include a US tariff-induced economic slowdown, the government’s anticipated move to reduce domestic energy prices, an influx of low-cost Chinese goods, and diminished support from weaker foreign tourists’ spending.

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Thai Economy