Thailand Monthly Economic Monitor

• Ngôn ngữ: eng
• Ký hiệu phân loại: 641.59 Cooking characteristic of specific geographic environments, ethnic cooking
• Thông tin xuất bản: World Bank, Washington, DC, 2023
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 319505
• Chủ đề: 1. INFLATION; 2. PRIVATE CONSUMPTION; 3. PUBLIC DEBT; 4. TOURISM; 5. TRADE BALANCE

Tóm tắt

Growth decelerated more than expected to 1.4 percent in Q4 2022 amid the global economic slowdown. Goods trade contracted while manufacturing production and investment weakened. However, robust private consumption and tourism recovery continued to strengthen the outlook. Headline inflation declined but the second-round impact on domestic prices remained. This prompted the Bank of Thailand to continue monetary policy normalization and the government to extend energy-related subsidies. The current account balance returned to surplus in Q4 2022 on the back of substantially improved tourism receipts, supporting the Thai baht.