The Bank of Thailand kept its benchmark interest rate unchanged at 1.00% for a fourth consecutive meeting in October 2026, as widely expected, marking its longest stretch without a rate change in two years. The decision was unanimous, with one committee member absent, as policymakers maintained an accommodative stance to support an uneven economic recovery. The Thai economy is projected to grow by 2.4% in 2026 and 2.1% in 2027, supported by stronger-than-expected exports and investment linked to the technology and AI cycle. However, growth remains below potential, while high household debt and fragile purchasing power continue to weigh on private consumption. Headline inflation is forecast to average 2.1% in 2026 and 1.3% in 2027, rising temporarily through early 2027 due to higher energy prices and El Ni