Thailand Central Bank Minutes from October 28th Meeting stated the Thai economy gained stronger-than-expected momentum, while overall growth remained below its potential and was uneven
ORIGINAL · NewsquawkThailand Central Bank Minutes from October 28th Meeting stated the Thai economy gained stronger-than-expected momentum, while overall growth remained below its potential and was unevenRead originalHide original
Says: Private consumption continued to be constrained by elevated household debt. Thai inflation from the range of this year through early next year was expected to increase. Upside risk to inflation warranted close monitoring, stemming from elevated uncertainty.
Minutes described stronger-than-expected but below-potential, uneven growth; household debt constrained consumption, while inflation was expected to rise and upside risks warranted monitoring.
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Says: Private consumption continued to be constrained by elevated household debt. Thai inflation from the range of this year through early next year was expected to increase. Upside risk to inflation warranted close monitoring, stemming from elevated uncertainty.
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