Thailand’s headline consumer price index declined by 0.25% year-on-year in June, following a 0.57% decrease in May, according to data released Monday by the Ministry of Commerce.
The drop was steeper than the 0.10% fall expected by economists polled by Reuters and remained below the Bank of Thailand’s inflation target range of 1% to 3%.
Meanwhile, the core CPI—which strips out fresh food and energy—advanced 1.06% from a year ago, just shy of the anticipated 1.10% rise.
The Ministry of Commerce also noted that headline inflation in the third quarter is expected to hover near the pace observed in the second quarter, while the figure in the fourth quarter is projected to move back into positive territory.
Looking ahead, the ministry has maintained its 2025 headline inflation forecast in the range of 0% to 1.0%.
