Krung Thai Bank Public Company LimitedKTB
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Financials
Krung Thai Bank Public Company LimitedThailand's August Inflation Surges to 2.53%, Highest in Years
MacroCommodity
Krungthai COMPASS Research Center reported that Thailand's headline inflation in August 2026 stood at 2.53%, accelerating from 1.95% in the previous month and higher than analysts' expectation of 2.37%, supported by an 8.59% increase in energy prices and higher fresh food prices. Meanwhile, core inflation was at 1.44%, the highest in over three years, and above the forecast of 1.39%. However, attention must be paid to Dubai crude oil prices surging above 100 US dollars per barrel and the impact of El Niño, which could push inflation above the target range of 2% later this year.