Keep an Eye on Falling Inflation: Annual Target Now Only 1%

The Office of Trade Policy and Strategy (TPSO) has released Thailand’s latest general inflation data for May 2025, showing a year-on-year decrease of 0.57%. As a result, the Ministry of Commerce has revised its annual inflation forecast downward to a range of 0.0–1.0%. This marks the lowest inflation rate in ASEAN and the 7th lowest globally among 133 reported economies.