The Bank of Thailand left its benchmark interest rate unchanged at 1% at its August 2026 meeting, with the decision made unanimously as the central bank maintained an accommodative stance to support the recovery. The Thai economy is projected to expand broadly in line with previous assessments in 2026 and 2027, supported by stronger-than-expected merchandise exports and private investment linked to the technology and AI cycle. However, growth remains low and uneven, while private consumption was weaker as households remained cautious amid rising living costs. Meanwhile, headline inflation is projected to be lower than assessed, mainly due to lower energy prices, but is expected to rise through the first quarter of 2027 due to El Ni