Thailand's inflation accelerated for the second month in a row in September, gradually approaching the upper limit of the central bank's target range; severe floods further increased the risk that food prices would rise. According to data released by Thailand's Ministry of Commerce on Tuesday, the consumer price index rose 2.82% year on year in September, up from 2.53% in August. However, this reading is still below the median expectations of 3.1% of economists surveyed by the media. Despite some recovery in inflation, it is still within the Bank of Thailand's target range of 1% to 3%. After a period where price pressure continued to be sluggish, the current round of increases brought inflation closer to the upper limit of the range.

Thailand's inflation accelerated for the second month in a row in September, gradually approaching the upper limit of the central bank's target range; severe floods further increased the risk that food prices would rise. According to data released by Thailand's Ministry of Commerce on Tuesday, the consumer price index rose 2.82% year on year in September, up from 2.53% in August. However, this reading is still below the median expectations of 3.1% of economists surveyed by the media. Despite some recovery in inflation, it is still within the Bank of Thailand's target range of 1% to 3%. After a period where price pressure continued to be sluggish, the current round of increases brought inflation closer to the upper limit of the range.