Publication:
Thailand Monthly Economic Monitor, January 2025

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-02-04T20:26:27Z
dc.date.available2025-02-04T20:26:27Z
dc.date.issued2025-02-04
dc.description.abstractNovember economic activity data suggests gradual growth, driven by strong external demand, particularly for goods exports and tourism, as well as a slight recovery in private consumption supported by fiscal stimulus. While tourism remained a key growth driver, with a notable increase in arrivals, manufacturing continued to contract, particularly in the automotive sector. Amid stronger private consumption, inflation picked up but stayed below the central bank's target. On the policy front, the Bank of Thailand maintained its policy rate and the government introduced measures to alleviate household debt pressures. The Thai baht appreciated due to the rising current account surplus, despite ongoing portfolio outflows.en
dc.identifierhttp://documents.worldbank.org/curated/en/099817301212528683/IDU1292e735316c7214f531a3d01e788b082b39a
dc.identifier.doi10.1596/42757
dc.identifier.urihttps://hdl.handle.net/10986/42757
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectGOODS EXPORTS
dc.subjectTOURISM
dc.subjectPRIVATE CONSUMPTION
dc.subjectFISCAL STIMULUS
dc.titleThailand Monthly Economic Monitor, January 2025en
dc.typeBrief
dspace.entity.typePublication
okr.date.disclosure2025-02-04
okr.date.doiregistration2025-04-14T12:02:47.629422Z
okr.date.lastmodified2025-01-21T00:00:00Zen
okr.doctypeBrief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099817301212528683/IDU1292e735316c7214f531a3d01e788b082b39a
okr.guid099817301212528683
okr.identifier.docmidIDU-292e7353-6c72-4f53-a3d0-e788b082b39a
okr.identifier.externaldocumentum34448153
okr.identifier.internaldocumentum34448153
okr.identifier.report196694
okr.import.id6490
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099817301212528683/pdf/IDU1292e735316c7214f531a3d01e788b082b39a.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicIndustry::Accommodation & Tourism Industry
okr.topicMacroeconomics and Economic Growth::Consumption
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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