Thailand's consumer price index (CPI) has shown a worrying trend, as updated figures reveal a significant fall in May 2025. The CPI dipped to -0.57%, a deeper plunge compared to the previous month's -0.22%. With these figures released on June 6, 2025, the data highlights an accelerating decline, marking troublesome economic signals for the Southeast Asian nation.
The year-over-year comparison indicates increasing deflationary pressures, showcasing a deeper plunge from the previous year's figures. This continued downward trajectory poses significant concerns for economists and policymakers alike, suggesting potential challenges in consumer spending and economic recovery efforts.
As Thailand grapples with this economic issue, the government and industry leaders might feel pressure to implement measures aimed at stabilizing prices and invigorating the economy. The consistent decrease in CPI could prompt discussions on economic strategies, monetary policies, and initiatives to boost consumer confidence in the upcoming months.