Bangkok: Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas announced plans to meet with Bank of Thailand Governor Vitai Ratanakorn to review the 2026 inflation framework, following months of negative headline inflation, raising concerns among many about deflation.

According to Thai News Agency, the meeting aims to address the current inflation situation, including headline and core inflation. Core inflation, which excludes volatile items such as energy and fresh food prices, remains positive. The low inflation is mainly due to the prices of energy and fresh food. While core inflation is not yet a significant concern, the Ministry of Finance and the Bank of Thailand need to collaborate on establishing an inflation framework for 2026. This framework will guide the creation of monetary and fiscal policies to ensure the stability of the Thai economy.