Geopolitics Alpha

Thailand inflation hits 45-month high of 3.90% on fuel and floods

Published . Updated .

Key takeaways

  • Thailand inflation rose to 3.90% in October, a 45-month high, as fuel jumped 29.18% and floods lifted food prices, breaching the central bank's target.
  • Exposed: THD, EMB, EMLC, EEM
  • Market reaction: price tracking starts with the next trading session.

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Thailand inflation hits 45-month high of 3.90% on fuel and floods

Thailand inflation rose to 3.90% in October, a 45-month high, as fuel jumped 29.18% and floods lifted food prices, breaching the central bank's target.

Directly affected

  • No company is named in this report.

Indirectly affected

  • DBA Invesco DB Agriculture Fund-6.1% 30d

    Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “food prices” (grains and farm goods) in this story.

  • WEAT Teucrium Wheat Fund-4.6% 11d

    Teucrium Wheat Fund: it follows farm commodity prices. Linked by “food prices” (grains and farm goods) in this story.

  • THD iShares MSCI Thailand ETF

    iShares MSCI Thailand ETF holds stocks listed in Thailand, which this story is about (“thailand”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Thailand.

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Thailand

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Thailand.

  • EEM iShares MSCI Emerging Markets ETF-4.4% 17d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Thailand

  • ADM Archer-Daniels-Midland-15.0% 30d

    Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “food prices” (grains and farm goods) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DBA+2.60%+1.24%baseafter closeafter closeafter closeafter close
WEAT+2.53%+1.66%baseafter closeafter closeafter closeafter close
THD+2.39%+1.56%baseafter closeafter closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EMB-0.23%+0.42%baseafter closeafter closeafter closeafter close
EMLC-0.30%+0.30%baseafter closeafter closeafter closeafter close
EEM+3.03%+3.88%baseafter closeafter closeafter closeafter close
ADM+8.25%+1.20%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Thailand inflation hits 45-month high of 3.90% on fuel and floods Thaiger

Source: Thaiger

Ishares (THD) since this story, compared with the market

CompanyWhenMoveStatus
ADMthree days earlier+1.20%final price
ADMfive days earlier+8.25%final price
CEWthree days earlier0.00%final price
CEWfive days earlier0.00%final price
DBAthree days earlier+1.24%final price
DBAfive days earlier+2.60%final price
Ishares Tr (EEM)three days earlier+3.88%final price
Ishares Tr (EEM)five days earlier+3.03%final price
Ishares Tr (EMB)three days earlier+0.42%final price
Ishares Tr (EMB)five days earlier-0.23%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier+0.30%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier-0.30%final price
Ishares (THD)three days earlier+1.56%final price
Ishares (THD)five days earlier+2.39%final price
WEATthree days earlier+1.66%final price
WEATfive days earlier+2.53%final price

Who gains and who loses around Ishares (THD)

Companies tied to this story

  • THD Ishares

    In “Thailand inflation hits 45-month high of 3.90% on fuel and floods,” Ishares (THD) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Thailand ETF holds stocks listed in Thailand, which this story is about (“thailand”)

  • EMB Ishares Tr

    In “Thailand inflation hits 45-month high of 3.90% on fuel and floods,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Thailand

  • EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf

    Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Thailand inflation hits 45-month high of 3.90% on fuel and floods.” Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Thailand

  • EEM Ishares Tr

    For “Thailand inflation hits 45-month high of 3.90% on fuel and floods,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Thailand

Ishares (THD)

On 7 Nov 2026, “Thailand inflation hits 45-month high of 3.90% on fuel and floods” is the story that connects Ishares (THD) to this story.

The link for Ishares (THD) is this: iShares MSCI Thailand ETF holds stocks listed in Thailand, which this story is about (“thailand”)

Ishares Tr (EMB) is here too. Its reason reads: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Thailand

Dates in the story, and the Ishares (THD) price range

EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. EMLC traded between 24.50 and 25.02 across 20 sessions. The latest close on file is 24.56.

How strong the case is around Ishares (THD)

33 out of 100

“Thailand inflation hits 45-month high of 3.90% on fuel and floods” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.