Thailand’s headline consumer price index rose 2.42% year-on-year in June, the commerce ministry reported on Monday.

The figure marks a deceleration from the 2.79% annual increase recorded in May and came in below market expectations.

2% year-on-year rise in its consumer price index for June, with high oil prices cited as a primary driver.

The moderation in Thai inflation contrasts with recent data from other major economies.

In the United States, inflation surged to 3.8% in April 2026, driven by escalating energy costs linked to geopolitical conflicts.

Similarly, South Korea reported a 3.2% year-on-year rise in its consumer price index for June, with high oil prices cited as a primary driver.

The divergence highlights varying pressures across global markets.