Economy
Kasikorn Research Center Maintains 2026 Economic Growth Forecast at 2.0%
Thailand's economic growth is expected to slow in the second half of 2026, with inflation projected to rise in the final quarter.
According to a report by Prachachat Business, the Kasikorn Research Center has maintained its 2026 economic growth forecast for Thailand at 2.0%. Analysts anticipate that the economy will experience a slowdown during the second half of the year compared to the first half.
While the government’s "Thai Chuay Thai Plus" stimulus measure is credited with providing some support to consumer spending throughout the third quarter, the economic outlook remains cautious. The research center highlighted that Thailand continues to face significant external risks, particularly due to the prolonged conflict in the Middle East and ongoing global uncertainties.
For residents and travelers, this economic climate suggests a period of moderate growth coupled with potential price pressures. The center specifically noted that inflation is expected to accelerate in the fourth quarter of 2026.
While these projections provide a baseline for the remainder of the year, the actual impact on the cost of living and local market conditions remains to be confirmed as global geopolitical developments unfold. Those planning long-term stays or business activities in Thailand may wish to monitor local price trends as the year concludes.
