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.
Understanding Inflation: The Silent Enemy of Your Wallet
In today’s world, we are unavoidably living in an “era of rising prices.” The cost of goods and services is steadily increasing, especially for fresh food items such as pork, chicken, eggs, and seafood, as well as fuel and public transportation costs. All of this reflects the impact of inflation, which is affecting our daily lives in a way that cannot be ignored.
