Energy to pressure inflation in H2 (opens original article in a new tab)

EIC expects continued inflation pressure from energy costs in 2026 despite easing Middle East tensions, while upgrading GDP growth forecasts and projecting global economic expansion.

• EIC expects Brent crude to average $85 per barrel in 2026 with potential decline to $80 in H2
• Domestic diesel price projected to average 35 baht per litre in 2026, down from 50.54 baht in April
• EIC upgraded 2026 GDP growth forecast to 2% from 1.5% due to government stimulus and foreign investment
• Global economy expected to grow 2.5% in 2026 and 2.6% in 2027, driven by AI investment
• Monetary Policy Committee likely to keep policy rate at 1% throughout