The economic recovery continued to pick up in Q2 2022, expanding by 2.5 percent (yoy), due to a stronger-than-expected boost in private consumption and tourism, which offset weak goods exports. However, among the major ASEAN economies, Thailand’s recovery has proven to be the slowest and inflation the highest. To tame cost-push inflation, the Bank of Thailand recently began raising rates; however, monetary policy normalization is expected to be gradual...
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INFORMATION
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2022/08/22
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Fiche
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175405
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1
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2022/08/24
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Disclosed
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Thailand Monthly Economic Monitor
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