Thailand’s nearly year-long stretch of falling consumer prices may now provide a buffer against potential energy-driven inflation spike, analysts say. With tensions in the Middle East threatening to lift global oil prices and pushing inflation in many economies above targets, Thailand’s negative inflation and muted core readings could help cushion the impact. Over the past year, softer energy prices have kept overall inflation below the Bank of Thailand’s target range of 1%-3%. At a briefing on Thursday, the commerce ministry said Thai inflation is expected to accelerate in March due to higher oil prices. Higher oil prices would raise costs for prepared foods and other consumer goods, adding upward pressure on prices, Mr Nantapong said.

Source: Bangkok Post March 05, 2026 14:40 UTC