Publication:
Thailand Monthly Economic Monitor, February 2024

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-03-11T18:16:59Z
dc.date.available2024-03-11T18:16:59Z
dc.date.issued2024-03-11
dc.description.abstractThailand's economic recovery lagged further behind ASEAN peers as growth was a disappointing 1.7 percent in the fourth quarter and resulted in slower annual growth of 1.9 percent in 2023. Growth was hampered by weak external sector and delayed budget approval. In December, economic activity softened due to weak manufacturing, investment, and goods export. Inflation remained negative for the third consecutive month due to falling energy and food prices as well as energy subsidies. In this context, the Bank of Thailand held its policy rate. The fiscal deficit decreased due to the delayed budget approval. In January, the Thai baht remained stable against major trading partners, despite significant net foreign portfolio outflows.en
dc.identifierhttp://documents.worldbank.org/curated/en/099449302262413714/IDU14dc2b6251157b144cc18dbd1135e5ab6acf7
dc.identifier.doi10.1596/41165
dc.identifier.urihttps://hdl.handle.net/10986/41165
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.subjectTOURISM
dc.subjectFISCAL DEFICIT
dc.subjectDEMAND
dc.subjectEXPORTS
dc.titleThailand Monthly Economic Monitor, February 2024en
dc.typeBrief
dc.typePublications & Research
dspace.entity.typePublication
okr.crossref.titleThailand Monthly Economic Monitor, February 2024
okr.date.disclosure2024-03-11
okr.date.lastmodified2024-02-25T00:00:00Zen
okr.doctypeBrief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099449302262413714/IDU14dc2b6251157b144cc18dbd1135e5ab6acf7
okr.guid099449302262413714
okr.identifier.docmidIDU-4dc2b625-157b-44cc-8dbd-135e5ab6acf7
okr.identifier.doihttps://doi.org/10.1596/41165
okr.identifier.externaldocumentum34266013
okr.identifier.internaldocumentum34266013
okr.identifier.report187925
okr.import.id3389
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099449302262413714/pdf/IDU14dc2b6251157b144cc18dbd1135e5ab6acf7.pdfen
okr.region.administrativeSouth Asia
okr.region.countryThailand
okr.topicMacroeconomics and Economic Growth
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicMacroeconomics and Economic Growth::Fiscal Adjustment
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
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