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Thai September headline CPI rises 2.82% on year, below forecast

By Thomson Reuters Oct 6, 2026 | 12:15 AM

BANGKOK, Oct 6 (Reuters) – Thailand’s headline consumer price index rose 2.82% in September from a year earlier, after a 2.53% annual ​increase in the previous month, driven by ‌higher fuel and food prices, the commerce ministry said on Tuesday.

• The reading compared with a forecast rise of 3.06% in a Reuters poll, and remained ‌within ​the central bank’s inflation target ⁠range of 1% ⁠to 3%.

• The ministry expects the headline CPI to rise further in the fourth quarter, with October’s pace seen accelerating from September, Nantapong ​Chiralerspong, head of the ministry’s Trade Policy and Strategy Office, told a briefing.

• Recent flooding ⁠is expected to have ⁠only a small impact on inflation, ​he said.

• The ministry adjusted its 2026 inflation forecast ​to 1.8% to 2.2% from a previous ‌estimate of 1.5% to 2.5%, taking into account the impact of the floods, he said.

• January-September headline inflation averaged 1.54%.

• The core ⁠CPI, which excludes volatile energy and fresh food prices, rose 1.50% in September from a year earlier, ⁠in line ‌with a 1.54% forecast rise.

• Last ⁠month, assistant central bank governor Don Nakornthab ​told ‌Reuters that monetary policy is “very, very ​accommodative”.

• The ⁠central bank left its key interest rate unchanged at 1.00% at a review in August. Its next rate meeting is on October 28.

(Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by ​John Mair)