In April 2021, Thailand saw a return of inflation, with a consumer price index increase of 3.41% compared to the previous year, marking the highest rise in over 8 years. This inflation surge was primarily driven by a significant increase in oil prices and the end of measures to reduce public utility costs. Additionally, fresh food prices rose due to adverse weather conditions impacting yields. However, prices for non-food and beverages, housing, and certain categories like rice, eggs, and dairy products saw a decrease. Looking ahead, headline inflation in May is expected to rise further due to high energy prices, although economic stimulus measures and a recovering global market could mitigate the impact. For 2021, inflation is forecasted between 0.7% and 1.7%, a rate that should support economic growth while monitoring the impact of COVID-19 and potential impacts of weather on food prices.