Skip to main content

Thai inflation below target, tourism rebound continues

Inflation in Thailand fell back sharply last month and is now below the central bank’s target, further supporting our view that the BoT’s tightening cycle is now over. Tourism across Asia has continued to bounce back strongly in recent months. And while we expect visitor numbers to rise further throughout the year, with arrivals in many places already back to 70-80% of pre-crisis levels, the main boost to growth from a return of international travel has now passed. 

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access