Thailand's benchmark interest rate held at 1.00% in August 2026, unchanged from July. The rate has remained at 1% since February 2026, down from 1.25% in December 2025 and 1.50% a year earlier. It is well below the all-time high of 5.00% in December 2006 but above the record low of 0.50% in July 2022, according to the Bank for International Settlements.

Thailand Policy Rate Holds at 1%

Thailand's unemployment rate fell to 0.93% in June 2026, from 1.01% in May 2026. The rate remains well below the year-ago level of 0.81% recorded in June 2025.

The June reading is the second-lowest since March 2026, when the rate stood at 0.96%, and follows a rise from 0.95% in April to 1.01% in May. The series, which began in January 2001, has ranged between an all-time low of 0.39% in November 2012 and an all-time high of 5.7% in January 2001, according to the International Monetary Fund.

Thailand Unemployment Rate Falls to 0.93%

Thai producer prices rose to 4.88% in July 2026 from 4.77% in June. The reading was up sharply from a year earlier, when the index contracted 4.15%. The producer-price index has been positive since March 2026, after a string of negative readings from July 2025 through February 2026. The July value remains well below the all-time high of 35.30% set in March 1974. Separately, the CPI inflation rate for June stood at 2.42%, according to the International Monetary Fund.

Thailand PPI Rises to 4.88% in July

The Thai baht strengthened to 33.01 per dollar in August 2026, from 33.49 in July. This reversed part of the previous month's decline and brought the currency back toward the mid-range of the past year, after touching 31.27 in February—its firmest level since at least early 2025. The baht remains well above its record low of 53.81 set in January 1998, according to the International Monetary Fund.

Thai Baht Rebounds Against USD in August

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