Thailand’s Inflation hits a 45 month high amid higher oil prices and flooding Thailand’s inflation surged to 3.90% in October, the highest level in 45 months, driven primarily by a sharp rise in fuel prices and higher food costs caused by severe flooding. Fuel prices alone accounted for more than half of the overall increase, while fresh vegetables and other food items also became more expensive. The Commerce Ministry expects inflation to remain positive at around 2–3% in November, but has maintained its full-year inflation forecast at 1.8–2.2%. A government survey also found that nearly 65% of respondents want lower fuel prices, highlighting growing concerns about the rising cost of living. #thailand# #inflation# #oil# #crude# #flood# #เงินเฟ้อ#