Thailand

Thailand’s annual inflation rate dropped to a four-month low of 0.35% in August 2024, from 0.83% in July, falling below the expected 0.4% and the central bank’s target range of 1% to 3%. Core inflation, however, increased slightly to 0.62% from 0.52%. Consumer prices rose by 0.07% MoM after a 0.19% increase in July.