Bank of Thailand Sees Inflation in 1% to 3% Range Through 2026
Thailand’s inflation has remained below the target for a sixth straight month at 0.95% in November.
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Bank of Thailand expects inflation to stay within the 1% to 3% target range in the next two years, Governor Sethaput Suthiwartnarueput said, describing the band as appropriate and supportive of the nation’s growth potential.
The central bank chief said the inflation target, which has been kept for a fifth straight year, has “a proven track record of anchoring medium-term inflation expectations” and provides “sufficient flexibility towards accommodating inflation volatility from external and supply-side shocks,” he said in a statement days after the Cabinet approved the monetary policy target for 2025.