Thailand

Economy is gaining momentum

Current data show a strong expansion in manufacturing and accelerating exports. As a result, the outlook continues to improve and the economy is expected to experience a solid rebound this year. Price pressures are already picking up, which will probably prompt the Central Bank to start withdrawing the monetary policy stimulus later this year. Meanwhile, political tensions are rising again ahead of the Supreme Court's ruling on whether the funds of former Prime Minister Thaksin can be seized by the authorities.