Stimulus in Thailand, Korean inflation under control
Thailand is launching a 400bn baht (2% of GDP) stimulus to cut living costs and boost renewables, though the spending risks pushing public debt towards—and potentially through—the government’s 70% of GDP target. Meanwhile, South Korea’s price controls are keeping a lid on inflation despite higher global energy prices, and we expect the Bank of Korea to hold rates steady through 2026.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
