Inflation uncertainty in Thailand leads to decreased output growth.
The study looked at how uncertainty about inflation affects economic growth in Thailand. They used a complex statistical model to analyze the relationship between inflation uncertainty, output growth, and monetary policy. The results showed that when inflation uncertainty increases, it leads to lower economic output. This suggests that uncertainty about prices can have a negative impact on the economy. Additionally, the study found that inflation uncertainty is influenced by actual inflation rates. Overall, the research indicates that managing inflation uncertainty is important for promoting economic growth in Thailand.