Thailand’s annual inflation rate rose to 2.53% in August 2026 from 1.95% in July, exceeding market expectations of 2.2% and recording its fastest increase since May. The reading remained within the Bank of Thailand’s 1%-3% target range. Core inflation, which excludes volatile energy and fresh food prices, climbed to 1.44% from 1.34%, surpassing the 1.33% forecast and reaching its highest level since May 2023. Consumer prices increased 0.56% month on month, reversing July’s 0.73% decline and marking the fastest monthly gain in four months.