investment. The headline inflation rate is 0.6%, while the unemployment rate for the 3Q/2024 stood at 1.02%. Despite these positive trends, the K-shape recovery has led to a continued rise in household debt
. Headline inflation increased from 0.7 percent in 2017 to 1.1 percent in 2018 largely due to a rise in energy prices, particularly in the second and the third quarters of the year. Core inflation stood at 0.7
, remained under pressure from excess production capacity. Headline inflation in the third quarter of 2017 averaged at 0.45 percent, up from 0.26 percent in the same period last year, following higher energy
capacity utilization following a steady contraction in export value. Meanwhile, public investment expanded as a result of an acceleration in disbursements by the government. Headline inflation in the second
sentiment. Meanwhile, exports and tourism expanded at a slower pace, partly due to the impact of the US trade policies and a drop in Chinese tourist arrivals. Headline inflation in the third quarter of 2018
measures to prevent and contain the Covid-19 outbreak, as well as from ongoing infrastructure investment. Headline inflation in the second quarter of 2020 was -2.66 percent, down from 1.08 percent in the
growth, even though their growth may subside over-year due to a high 2017 base. On the inflation front, headline inflation for 2018 is expected to average 1.1 percent, slightly higher than the 0.7 percent
quarter. Overall, Thai economic growth for 2018 may be at 4.6 percent, while headline inflation is expected to average 1.1 percent. Meanwhile, the Bank of Thailand’s policy rate is expected to stay low at
, the Thai economy for 2018 may thus record growth of 4.5 percent, while headline inflation is expected to average 1.1 percent. Meanwhile, the Bank of Thailand’s policy rate is expected to stay low at
combination of the weak global economy and strong baht capped tourism and spending. In response to a slowdown in tourism, visa fee waivers were extended twice to end on April 30, 2020. Headline inflation