Publication:
Thailand Monthly Economic Monitor: August 23, 2022

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2022-08-25T18:51:11Z
dc.date.available2022-08-25T18:51:11Z
dc.date.issued2022-08-23
dc.description.abstractThe economic recovery continued to pick up in Q2 2022, expanding by 2.5 percent (yoy), due to a stronger-than-expected boost in private consumption and tourism, which offset weak goods exports. However, among the major ASEAN economies, Thailand’s recovery has proven to be the slowest and inflation the highest. To tame cost-push inflation, the Bank of Thailand recently began raising rates; however, monetary policy normalization is expected to be gradual as the recovery is not yet complete. The fiscal deficit remained large as the government continued to introduce measures to counter the impact of the rising cost of living and the pandemic. The rising cost of energy subsidies administered by the State Oil Fund may potentially add to public debt levels. The Thai baht strengthened due to expectations of a swifter economic recovery and the decline of the US dollar.en
dc.identifierhttp://documents.worldbank.org/curated/en/099804208242220393/IDU0ccfde2eb0b0e8049ab0b923042ce2e834687
dc.identifier.doi10.1596/37925
dc.identifier.urihttps://hdl.handle.net/10986/37925
dc.languageEnglish
dc.language.isoen
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC RECOVERY
dc.subjectPRIVATE CONSUMPTION
dc.subjectTOURISM
dc.subjectFISCAL DEFICIT
dc.subjectINFLATION
dc.subjectPUBLIC DEBT
dc.subjectENERGY SUBSIDIES
dc.subjectCURRENT ECONOMIC DATA
dc.subjectMONTHLY UPDATE
dc.titleThailand Monthly Economic Monitoren
dc.title.subtitleAugust 23, 2022en
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.date.disclosure2022-08-24
okr.date.doiregistration2025-04-29T09:27:03.159250Z
okr.date.lastmodified2022-08-24T00:00:00Zen
okr.doctypeKnowledge Notes::Miscellaneous Knowledge Notes
okr.docurlhttp://documents.worldbank.org/curated/en/099804208242220393/IDU0ccfde2eb0b0e8049ab0b923042ce2e834687
okr.guid099804208242220393
okr.identifier.externaldocumentumIDU-ccfde2eb-b0e8-49ab-b923-42ce2e834687
okr.identifier.internaldocumentum33887148
okr.identifier.report175405
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099804208242220393/pdf/IDU0ccfde2eb0b0e8049ab0b923042ce2e834687.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
IDU0ccfde2eb0b0e8049ab0b923042ce2e834687.pdf
Size:
363.04 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
IDU0ccfde2eb0b0e8049ab0b923042ce2e834687.txt
Size:
32.22 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Miscellaneous Knowledge Notes