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The Consumer Price Index for March 2026
Mr. Nantapong Chiralerspong, the Director General of the Trade Policy and Strategy Office (TPSO) and the Spokesman of the Ministry of Commerce, revealed that the Consumer Price Index (CPI) in March 2026 was 100.27. Comparing to March 2025 (100.35), the headline inflation decreased by 0.08% (YoY), reflecting a decline at a slower rate. Despite geopolitical tensions in the Middle East and the attempted blockade of the Strait of Hormuz, which have disrupted fuel and key commodity shipments and accelerated global crude oil prices, domestic retail fuel price increases were limited by price-capping measures during the first half of the month, coupled with the electricity fee reductions aimed at alleviating the cost of living. Furthermore, most goods remained at their original price levels in March as they were still from existing inventories. Meanwhile, the prices of food and non-alcoholic beverages increased, especially from non-alcoholic beverages and prepared food. Other goods and services did not have a significant impact on the inflation.