Thailand Monthly Economic Monitor
The economy continued its moderate expansion, driven by private consumption and improving goods exports. However, the tourism recovery decelerated. Inflation remained significantly below peers; raw food prices fell and energy subsidies contained pressure on living costs. The planned fiscal stimulus measures will provide a short-term boost to growth but delay ongoing fiscal consolidation. The Bank of Thailand unexpectedly raised its policy rate to 2.50 percent. In September, the Thai baht depreciated against major trading partners.
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Format: | Brief biblioteca |
Language: | English English |
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Washington, DC
2023-11-13
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Subjects: | PRIVATE CONSUMPTION, MONTHLY ECONOMIC INDICATORS, SUBDUED GOODS EXPORT, LOW INFLATION, ECONOMIC FORECAST, CURRENT ECONOMIC INDICATORS, |
Online Access: | http://documents.worldbank.org/curated/en/099718310252338843/IDU0d078472a0673304bc70914c0c0ba15fe269d https://openknowledge.worldbank.org/handle/10986/40600 |
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dig-okr-10986406002024-03-11T19:23:53Z Thailand Monthly Economic Monitor 27 October, 2023 World Bank PRIVATE CONSUMPTION MONTHLY ECONOMIC INDICATORS SUBDUED GOODS EXPORT LOW INFLATION ECONOMIC FORECAST CURRENT ECONOMIC INDICATORS The economy continued its moderate expansion, driven by private consumption and improving goods exports. However, the tourism recovery decelerated. Inflation remained significantly below peers; raw food prices fell and energy subsidies contained pressure on living costs. The planned fiscal stimulus measures will provide a short-term boost to growth but delay ongoing fiscal consolidation. The Bank of Thailand unexpectedly raised its policy rate to 2.50 percent. In September, the Thai baht depreciated against major trading partners. 2023-11-13T17:35:51Z 2023-11-13T17:35:51Z 2023-11-13 Brief http://documents.worldbank.org/curated/en/099718310252338843/IDU0d078472a0673304bc70914c0c0ba15fe269d https://openknowledge.worldbank.org/handle/10986/40600 English en CC BY-NC 3.0 IGO https://creativecommons.org/licenses/by-nc/3.0/igo World Bank application/pdf text/plain Washington, DC |
institution |
Banco Mundial |
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Estados Unidos |
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US |
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Bibliográfico |
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biblioteca |
region |
America del Norte |
libraryname |
Biblioteca del Banco Mundial |
language |
English English |
topic |
PRIVATE CONSUMPTION MONTHLY ECONOMIC INDICATORS SUBDUED GOODS EXPORT LOW INFLATION ECONOMIC FORECAST CURRENT ECONOMIC INDICATORS PRIVATE CONSUMPTION MONTHLY ECONOMIC INDICATORS SUBDUED GOODS EXPORT LOW INFLATION ECONOMIC FORECAST CURRENT ECONOMIC INDICATORS |
spellingShingle |
PRIVATE CONSUMPTION MONTHLY ECONOMIC INDICATORS SUBDUED GOODS EXPORT LOW INFLATION ECONOMIC FORECAST CURRENT ECONOMIC INDICATORS PRIVATE CONSUMPTION MONTHLY ECONOMIC INDICATORS SUBDUED GOODS EXPORT LOW INFLATION ECONOMIC FORECAST CURRENT ECONOMIC INDICATORS World Bank Thailand Monthly Economic Monitor |
description |
The economy continued its moderate
expansion, driven by private consumption and improving goods
exports. However, the tourism recovery decelerated.
Inflation remained significantly below peers; raw food
prices fell and energy subsidies contained pressure on
living costs. The planned fiscal stimulus measures will
provide a short-term boost to growth but delay ongoing
fiscal consolidation. The Bank of Thailand unexpectedly
raised its policy rate to 2.50 percent. In September, the
Thai baht depreciated against major trading partners. |
format |
Brief |
topic_facet |
PRIVATE CONSUMPTION MONTHLY ECONOMIC INDICATORS SUBDUED GOODS EXPORT LOW INFLATION ECONOMIC FORECAST CURRENT ECONOMIC INDICATORS |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Thailand Monthly Economic Monitor |
title_short |
Thailand Monthly Economic Monitor |
title_full |
Thailand Monthly Economic Monitor |
title_fullStr |
Thailand Monthly Economic Monitor |
title_full_unstemmed |
Thailand Monthly Economic Monitor |
title_sort |
thailand monthly economic monitor |
publisher |
Washington, DC |
publishDate |
2023-11-13 |
url |
http://documents.worldbank.org/curated/en/099718310252338843/IDU0d078472a0673304bc70914c0c0ba15fe269d https://openknowledge.worldbank.org/handle/10986/40600 |
work_keys_str_mv |
AT worldbank thailandmonthlyeconomicmonitor AT worldbank 27october2023 |
_version_ |
1794797152977813504 |