Thai headline inflation rose to 2.53% y/y in August 2026, up from 1.95% in July, driven by domestic fuel, ready-cooked food, eggs, fresh chicken, vegetables and fruit. Core inflation is 1.44%. The Commerce Ministry expects Q3 around 2.37% and Q4 near 2.7% if the Middle East conflict persists, though its full-year forecast stays at 1.5-2.5%. For a small business, expect higher fuel, delivery and ingredient costs to persist through year-end. Review food and input pricing, and check whether rising costs can be passed on. Electricity prices fell, so that cost line is easing.