Publication:
Thailand Monthly Economic Monitor, September 2024

dc.contributor.authorWorld Bank
dc.date.accessioned2024-10-23T18:37:39Z
dc.date.available2024-10-23T18:37:39Z
dc.date.issued2024-10-23
dc.description.abstractEconomic activity improved, driven by external demand for exports and tourism. Manufacturing growth turned positive, supported by a surge in goods exports. However, internal drivers weighed on growth. Private consumption growth decelerated, impacted by stricter credit conditions. The acceleration of fiscal spending proved slower than expected, but a higher FY25 budget spending could support growth. The revised digital wallet is expected to boost gross domestic product (GDP) growth in the fourth quarter of 2024. The Thai baht appreciated driven by expectations of the Federal Reserve’s easing cycle and a persistent current account surplus. Inflation remained among the lowest in emerging markets, falling to 0.4 percent, due to lower energy prices; core inflation remained subdued due to weak domestic demand.en
dc.identifierhttp://documents.worldbank.org/curated/en/099602009242413330/IDU1fa33c1a21f50314ac118062157e09275ce1a
dc.identifier.doi10.1596/42285
dc.identifier.urihttps://hdl.handle.net/10986/42285
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectINFORMATION AND COMMUNICATION TECHNOLOGIES
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.subjectINDUSTRY, INNOVATION AND INFRASTRUCTURE
dc.subjectSDG 9
dc.titleThailand Monthly Economic Monitor, September 2024en
dc.typeBrief
dspace.entity.typePublication
okr.crossref.titleThailand Monthly Economic Monitor, September 2024
okr.date.disclosure2024-10-23
okr.date.lastmodified2024-09-24T00:00:00Zen
okr.doctypeBrief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099602009242413330/IDU1fa33c1a21f50314ac118062157e09275ce1a
okr.guid099602009242413330
okr.identifier.docmidIDU-fa33c1a2-f503-4ac1-8062-57e09275ce1a
okr.identifier.doihttps://doi.org/10.1596/42285
okr.identifier.externaldocumentum34394360
okr.identifier.internaldocumentum34394360
okr.identifier.report193673
okr.import.id5546
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099602009242413330/pdf/IDU1fa33c1a21f50314ac118062157e09275ce1a.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.topicInformation and Communication Technologies::ICT Applications
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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