Publication:
Thailand Monthly Economic Monitor: February 2023

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-03-14T15:21:34Z
dc.date.available2023-03-14T15:21:34Z
dc.date.issued2023-03-14
dc.description.abstractGrowth 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/099803403062342292/IDU0a2e68d9d0b974040890ba8a053da3bfd664a
dc.identifier.doi10.1596/39525
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39525
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.subjectPRIVATE CONSUMPTION
dc.subjectTOURISM
dc.subjectTRADE BALANCE
dc.subjectINFLATION
dc.subjectPUBLIC DEBT
dc.subjectCONTINUING ENERGY SUBSIDY
dc.subjectCURRENT ECONOMIC DATA
dc.subjectMONTHLY UPDATE
dc.subjectECONOMIC SLOWDOWN
dc.titleThailand Monthly Economic Monitoren
dc.title.subtitleFebruary 2023en
dc.typeBrief
dspace.entity.typePublication
okr.crossref.titleThailand Monthly Economic Monitor: February 2023
okr.date.disclosure2023-03-06
okr.date.lastmodified2023-03-10T00:00:00Zen
okr.doctypeBrief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099803403062342292/IDU0a2e68d9d0b974040890ba8a053da3bfd664a
okr.guid099803403062342292
okr.identifier.externaldocumentum34015872
okr.identifier.internaldocumentum34015872
okr.identifier.report180627
okr.import.id55
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099803403062342292/pdf/IDU0a2e68d9d0b974040890ba8a053da3bfd664a.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
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