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

October 6, 2026 1:15 AM EDT

Vendors arrange vegetables at their stall at a fresh market in Bangkok, Thailand, April 30, 2026. REUTERS/Athit Perawongmetha

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)



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