Thailand's state revenue for Oct 2025 to Aug 2026 reached 2.607 trillion baht, 57.5 billion above target (+2.3%) and up 4% year on year. The Revenue Department beat its target by 3.7%, driven by VAT. Customs fell 5.6% short of target and Excise 2.2% short, which may signal softer import and excise volumes. Government borrowing to cover the deficit fell 6.8% to 810 billion baht, and cash balances are down 20.1%. For a small business, this is background: no filing or price change follows, but weak customs and excise collection can hint at tighter import-linked demand.