Thailand’s Consumer Price Index (CPI) experienced a further decline in July 2025, reaching -0.70%, according to the latest figures released on August 6, 2025. This marks a significant drop from June's CPI, which was at -0.25%, and suggests a continued trend of deflation in the nation.
This year-over-year analysis indicates a deeper deflationary period than initially anticipated. Compared to the same month last year, the difference accentuates the pressures facing Thailand's economy. The persistent decrease in CPI for consecutive months underscores challenges that policymakers might need to address to stabilize economic growth and bolster consumer prices.
The data, reflecting activities up to July, highlights the importance of strategic intervention by the government and financial institutions to curb the deflationary trend and stimulate spending in the domestic market. As global economic conditions remain fluctuating, Thailand’s economic strategists might look towards both fiscal and monetary policies to invigorate upturns and handle such persistent CPI declines.
