FX.co ★ Thailand’s Core Inflation Quickens to 1.23% YoY in June, Easing Concern Over Weak Price Growth

Thailand’s core consumer price index (CPI) accelerated in June 2026, signaling a modest pickup in underlying inflationary pressures. According to the latest data updated on 6 July 2026, core CPI rose 1.23% year-over-year, up from 0.92% in May 2026.

Both figures are calculated on a year-over-year basis, comparing each month to the same month a year earlier. The move from 0.92% in May to 1.23% in June suggests that price growth—excluding volatile components such as food and energy—has gained some traction, potentially reflecting firmer domestic demand or pass-through from earlier cost pressures.

While still relatively subdued by historical standards, the June reading may influence expectations around monetary policy and the broader economic outlook, as investors and policymakers monitor whether this uptrend in core inflation persists in the coming months.