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Thailand’s annual inflation rate eased to 0.84% in March 2025 from 1.08% in February and below the expected 1.09%. This figure came in below the central bank’s target range of 1% to 3%, after staying within the range for three consecutive months, as deflation persisted in most of the subindexes. Prices mainly fell for housing and furnishings (-0.63% vs. -0.52% in February), medical and personal care (-0.63% vs. -0.52%), and clothing and footwear (-0.43% vs. -0.32%). Transport costs also dropped 0.41%, following a 0.53% rise in the prior period. Meanwhile, inflation for food and non-alcoholic beverages rose more quickly (2.35% vs. 2.03%), the most heavily weighted component in the index. The annual core inflation rate, which excludes volatile items such as food and energy, slowed to 0.86% from 0.99% in February, falling short of the forecasted 1%. On a monthly basis, the CPI fell 0.2%, after inching 0.02% lower in the previous period.