The economy maintained moderate expansion, driven by private consumption and tourism. Declining inflation alleviated pressure on living costs and supported private consumption. However, goods exports as well as manufacturing production and investment contracted due to weak external demand. Public debt remained stable;
a decrease in budget deficit financing was offset by increased borrowing to support the State Oil Fund. In June, the Thai baht depreciated...
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2023/07/19
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Brief
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184117
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1
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2023/07/19
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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/099717207192319351