Thai Inflation Likely to Peak in 1Q 2027

Dow Jones17:13

0913 GMT - Thailand's headline inflation is forecast to peak at around 4.4% in 1Q 2027, HSBC economists say in a research report. Inflation eased to 2.42% in June from May's 2.79% due to lower gasoline and diesel retail prices. June was also the third straight month that inflation was within the Bank of Thailand's 1%-3% target range. However, inflation is expected to rise above the BOT's target range in 2H, partly due to the El Nino season. HSBC expects inflation to ease back below 2.0% as early as 2Q 2027 as base effects fade. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

July 06, 2026 05:13 ET (09:13 GMT)

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