Thai Cabinet Sets 2026 Inflation Target at 1%–3% to Ensure Stability

Dr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, stated that the Cabinet meeting on 30 December 2025 approved the monetary policy target for 2026, setting the general inflation rate in the range of 1% to 3%.

This is the same level as the target range for 2025. The figure was set following discussions between the Ministry of Finance and the Bank of Thailand to maintain the country’s financial stability at a level appropriate and conducive to economic growth.

Additionally, the Cabinet assigned four key economic agencies—namely, the Ministry of Finance, the Bank of Thailand, the Office of the National Economic and Social Development Council, and the Budget Bureau—to jointly and continuously monitor economic indicators and situations.

Recently, it was observed that the inflation rate had fallen below the specified target range. Should such a situation persist for an extended period, it could negatively impact the overall economic system. Therefore, the four agencies were instructed to discuss and promptly formulate appropriate measures to address the scenario if inflation deviates from the target.