The Omicron wave and the Ukraine war have further set back Thailand’s recovery and prompted a downward revision of the World Bank’s growth projection to 2.9 percent in 2022. Inflation surged to a 13-year high on the back of rising global energy prices while consumer confidence fell to a 6-month low amid the Omicron wave. The government has announced new fiscal measures to help mitigate the rising cost of living. Foreign tourist visits increased in...
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2022/04/22
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Brief
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170822
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1
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2022/04/22
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Disclosed
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Thailand Monthly Economic Monitor
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Citation
Puthong,Warunthorn; Ariyapruchya,Kiatipong; Edwards,Kim Alan.
Thailand Monthly Economic Monitor (English). Thailand Economic Monitor Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099502004222241731