Regulatory Alerts2026-04-30
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Bank of Thailand Press Release on Economic and Monetary Conditions for March and Q1 2026
The Bank of Thailand reported that Thailand’s economy expanded in the first quarter of 2026 and stabilized in March, supported by rising merchandise exports, manufacturing output, and government spending. Spillovers from the Middle East conflict have begun to materialize, sharply reducing tourist arrivals from affected regions, contracting exports to the Middle East and Europe, and dampening private consumption despite front-loaded vehicle and fuel purchases. While headline inflation approached zero and core inflation remained stable, the central bank highlighted the conflict’s trajectory, corporate adaptation, fiscal stimulus, and potential U.S. trade policy shifts as critical factors to monitor.
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monetary
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