Thailand's economic recovery trailed further behind ASEAN peers due to sluggish manufacturing and delayed budget approval. However, robust private consumption and a notable rebound in tourism continued to drive service growth. Disinflation persisted on the back of energy subsidies and declining food prices and the country continued to see the lowest inflation rate among ASEAN peers and emerging markets. The delayed budget approval resulted in a smaller-than-expected...
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2024/03/20
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Brief
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188434
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1
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2024/03/20
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Disclosed
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Thailand Monthly Economic Monitor
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World Bank.
Thailand Monthly Economic Monitor (English). Thailand Economic Monitor Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099430303202411376