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Monday November 21 2016
Thailand Economy Expands 0.6% QoQ in Q3  
The Thai economy grew by 0.6 percent quarter-on-quarter in the three months to September of 2016, compared to a downwardly revised 0.7 percent expansion in the previous three months. The figure came in below expectations of a 0.7 percent expansion to hit the weakest growth rate since the June quarter of 2015. Private consumption slowed and exports rebounded while government spending contracted.
Monday November 21 2016
Thailand GDP Growth Below Estimates in Q3  
Thailand’s gross domestic product expanded 3.2 percent from a year earlier in the third quarter of 2016, compared to a 3.5 percent expansion in the previous period and market expectations of a 3.4 percent growth. Private consumption, investment and exports were the main drivers of growth while government spending declined sharply.
Wednesday November 09 2016
Thailand Holds Key Rate Steady at 1.5%  
The Bank of Thailand left unanimously its benchmark interest rate unchanged at 1.5 percent on November 9th, as widely expected. Policymakers said the economy remained on a recovery path with uncertainties stemming from political developments in the US and Europe. At the same time, concerns over the European and Chinese financial sectors continued to warrant close monitoring.
Wednesday September 14 2016
Thailand Holds Rates Steady at 1.5%  
The Bank of Thailand left its benchmark interest rate unchanged at 1.5 percent on September 14th, as widely expected, saying the economy is expected to recover at a gradual pace, while facing uncertainties on both domestic and external fronts. Thailand’s economy grew a higher-than-expected 3.5 percent in the second quarter of the year, but the country still faces a number of challenges including low private investment amid a drop in exports and manufacturing production.
Monday August 15 2016
Thailand Economy Expands 0.8% QoQ in Q2  
The Thai economy grew by 0.8 percent on a quarter-on-quarter seasonally adjusted basis in the second quarter of 2016, compared to an upwardly revised 1.0 percent growth in the previous quarter and above market consensus of a 0.5 percent expansion. A sharp increase in private consumption were unable to offset a decline in government spending, investment and exports.
Monday August 15 2016
Thailand GDP Growth Strongest in Over 3 Years  
Thailand’s GDP expanded 3.5 percent from a year earlier in the second quarter of 2016, compared to a 3.2 percent expansion in the March quarter and beating market expectations of a 3.2 percent expansion. It was the strongest growth since the first quarter of 2013, mainly driven by private consumption while government spending, investment and exports eased.
Wednesday August 03 2016
Thailand Holds Key Interest Rate at 1.5%  
The Bank of Thailand kept its benchmark interest rate unchanged at 1.5 percent on August 3rd, as widely expected, saying the current monetary policy is adequate to support the economic recovery while inflation is now expected to return to the target band later than previously estimated due to weaker-than-expected energy prices. Policymakers voiced concerns about the fragile global economic recovery and uncertainties in the monetary policy directions of major advanced economies that might induce greater capital flow and exchange rate volatility.
Wednesday June 22 2016
Thailand Holds Key Rate at 1.5%  
The Bank of Thailand left its benchmark interest rate on hold at 1.5 percent on June 22nd, as widely expected, saying the current monetary policy is adequate to support the economic recovery and to bring inflation back to the target band within the latter half of the year. Policymakers, however, voiced concerns about the fragile global economic recovery, monetary policy divergence among major advanced economies, the result of the EU Referendum in the UK and financial stability in China.
Monday May 16 2016
Thai Economy Expands 0.9% QoQ in Q1  
The Thai economy grew by 0.9 percent on a quarter-on-quarter seasonally adjusted basis in the March quarter of 2016, compared to a 0.8 percent growth in the previous quarter and above market consensus of a 0.6 percent expansion, mainly supported by private consumption and net exports while government expenditure and investment slowed.
Monday May 16 2016
Thailand GDP Growth Strongest in 3 Years  
Thailand’s GDP expanded by 3.2 percent from a year earlier in the first quarter of 2016, as compared to a 2.8 percent expansion in the previous quarter and beating market expectations of a 2.8 percent growth. It is the strongest expansion since the March quarter of 2013, mainly driven by government spending and net exports while private consumption and investment eased.
Wednesday May 11 2016
Thailand Keeps Key Rate Steady  
The Bank of Thailand left its benchmark interest rate on hold at 1.5 percent in May 2016 as widely expected. Policymakers kept the borrowing cost unchanged for the eighth straight meeting, mentioning downwside risks to growth on the domestic front such as slowing private investment and consumption.
Wednesday March 23 2016
Thailand Monetary Policy Leaves Unchanged  
Thailand's central bank unanimously keeps its policy rate unchanged at 1.5 percent at its March 23rd meeting, as expected. While judging the economy would probably expand at a slower pace, policymakers viewed monetary policy should remain accommodative and the policy space should be preserved.
Monday February 15 2016
Thai GDP Growth Slightly Below Expectations in Q4  
The Thai economy grew by 0.8 percent on a quarter-on-quarter seasonally adjusted basis in the final quarter of 2015, slowing from a 1.0 percent expansion in the previous quarter and slightly below market consensus. A rebound in investment and a faster increase in government spending were unable to offset a decline in private consumption and exports.
Monday February 15 2016
Thai Economy Expands 2.8% YoY in Q4, Slightly Above Forecasts  
Thailand’s GDP expanded by 2.8 percent from a year earlier in the fourth quarter of 2015, as compared to a 2.9 percent expansion in the previous quarter and slightly above market expectations. A rebound in investment and a faster increase in private consumption and government spending were unable to offset a decline in exports.
Wednesday February 03 2016
Thailand Leaves Key Policy Rate on Hold at 1.5%  
Thailand's central Thailand's central bank unanimously left the policy rate unchanged at 1.5 percent at its February 3rd meeting, as expected. While being mindful of risks to financial stability, policymakers judged monetary policy remained accommodative and the policy space should be preserved.
Wednesday December 16 2015
Thailand Maintains Key Policy Rate on Hold  
Thailand's central bank unanimously left the policy rate unchanged at 1.5 percent at its December 16th meeting, as expected. While judging that monetary conditions and exchange rate remain supportive to the economic recovery, policymakers said headline inflation is projected to rise gradually and to turn positive during the first half of next year, as the base effect of high oil prices wanes.
Monday November 16 2015
Thai GDP Expands 1.0% QoQ in Q3  
The Thai economy grew by 1.0 percent on a quarter-on-quarter seasonally adjusted basis in the September quarter of 2015, accelerating from a downwardly revised 0.3 percent expansion in the previous quarter and beating market consensus. It is the fastest growth since the fourth quarter of 2014, as increase in private consumption and a rebound in exports offset a decline in government expenditure and investment.
Monday November 16 2015
Thai Economy Accelerates in Q3  
Thailand’s GDP expanded by 2.9 percent from a year earlier in the third quarter of 2015, slightly up from 2.8 percent growth reported in April to June period and above market expectations. A faster increase in exports and in private consumption offset a drop in investment and a slowdown in government spending.
Wednesday November 04 2015
Thailand Monetary Policy Unchanged  
Thailand's central bank unanimously left the policy rate unchanged at 1.5 percent at its November 16th meeting, as expected. Policymakers judged monetary conditions and exchange rate remain supportive to the economic recovery, despite downside risks, especially from the global economy, structural limitations and uncertainty in financial markets.
Wednesday September 16 2015
Thailand Leaves Key Policy Rate on Hold  
Thailand's central bank kept the policy rate unchanged at 1.5 percent on September 16th, as widely expected. Policymakers said that the current policy stance remains supportive to the economic recovery but voiced concern about the slowing global economy and the higher volatility in the global financial markets.
Monday August 17 2015
Thai Economy Expands 0.4% QoQ in Q2  
The Thai economy grew by 0.4 percent on a quarter-on-quarter seasonally adjusted basis in the second quarter of 2015, accelerating from a 0.3 percent expansion in the previous quarter and beating market consensus. An increase in private consumption and a rebound in government spending offset a decline in investment and exports.
Monday August 17 2015
Thai Economy Slows in Q2  
Thailand’s GDP expanded by 2.8 percent from a year earlier in the second quarter of 2015, slowing from 3.0 percent reported in January to March period but in line with market forecasts. While government spending surged, private consumption and investment slowed.
Wednesday August 05 2015
Thailand Monetary Policy Unchanged in August  
The Bank of Thailand left its key policy rate on hold at 1.5 percent on August 5th as widely expected, saying current policy is appropriate to support economic growth.
Wednesday June 10 2015
Thailand Leaves Rates on Hold  
The Bank of Thailand left its key policy rate on hold at 1.5 percent in June as widely expected, saying monetary policy should remain accommodative to support the economic recovery. The decision follows rate cuts in the previous two meetings.
Monday May 18 2015
Thai Economy Expands 0.3% QoQ in Q1  
The Thai economy grew by 0.3 percent on a quarter-on-quarter seasonally adjusted basis in the first quarter of 2015, significantly slowing from a revised 1.1 percent expansion in the previous quarter, but better than market expectations of a contraction.
Monday May 18 2015
Thai Economy Grows Fastest in 2-Years  
Thailand’s GDP expanded by 3 percent from a year earlier in the first quarter of 2015, up from downwardly revised 2.1 percent reported in October to December, but below market expectations. The growth was boosted by private spending and a surge in public investment while exports slowed sharply.
Wednesday April 29 2015
Bank of Thailand Surprisingly Cuts Rates  
Thailand's central bank lowered the benchmark interest rate for the second straight meeting by 25 bps to 1.50 percent on April 29th amid low growth and falling inflation.
Wednesday March 11 2015
Bank of Thailand Cuts Policy Rate to 1.75%  
Thailand's central bank surprisingly decided to cut the benchmark rate by 25 bps to 1.75 percent on March, 11th meeting, the first time since March of 2014, mainly due to a weaker-than-expected outlook of the economy and slow effects of the government's fiscal stimulus.
Monday February 16 2015
Thai GDP Grows 1.7% QoQ in Q4  
The Thai economy advanced 1.7 percent on a quarter-on-quarter seasonally adjusted basis in the last three months of 2014, faster than a revised 1.2 percent expansion in the previous quarter, but below market expectations.
Monday February 16 2015
Thai GDP Grew Less Than Expected in Q4  
Thailand’s economy advanced 2.3 percent from a year earlier in the last quarter of 2014, up from a 0.6 percent expansion in the previous period. The growth was driven by a rebound in government spending and exports while consumption rose at a slower pace.
Wednesday January 28 2015
Thailand Leaves Policy Rate Unchanged in January  
Thailand's central bank kept the policy rate unchanged at 2 percent on January 28th, as current policy stance is considered to be sufficiently supportive of the economic recovery, helping to contain risks associated with a prolonged period of low interest.
Wednesday December 17 2014
Thailand Monetary Policy Unchanged in December  
Thailand's central bank decided to leave the policy rate unchanged at 2 percent in December, as current monetary policy stance is considered sufficiently accommodative and consistent with long-term financial stability objective.
Monday November 17 2014
Thai GDP Growth Disappoints in Q3  
The Thai economy advanced 1.1 percent on a quarter-on-quarter seasonally adjusted basis in the three months to September, the same rate as in the previous quarter, but below market expectations.
Monday November 17 2014
Thai Economy Expands 0.6% in Q3  
Thailand’s GDP grew 0.6 percent in the third quarter of 2014, improving slightly from a 0.4 percent rise reported in the previous period. While private consumption and investments supported the expansion, exports decreased and government expenditure slowed down.
Wednesday November 05 2014
Thailand Leaves Monetary Policy Unchanged in November  
Thailand's central bank decided on November 5th to keep the policy rate unchanged at 2 percent, as current monetary policy stance is considered to be sufficiently accommodative and does not hinder the ongoing recovery.
Wednesday September 17 2014
Thailand Holds Key Rate at 2%  
At its September 17th meeting, Thailand's central bank decided to leave the policy rate unchanged at 2 percent, as the current policy stance does not pose risks to financial stability.
Monday August 18 2014
Thai GDP Expands 0.9% QoQ in Q2  
Thailand’s economy advanced a seasonally adjusted 0.9 percent on quarter in the April to June period, following a revised 1.9 percent contraction in the previous three months, as political stability returned to the country.
Monday August 18 2014
Thailand Economy Returns to Growth in Q2  
Thailand’s GDP expanded 0.4 percent from a year earlier in the second quarter of 2014, rebounding from a revised 0.5 percent contraction in the previous quarter and beating market expectations. Domestic consumption rose for the first time in four quarters and exports of goods increased at a faster pace.
Wednesday August 06 2014
Thailand Monetary Policy Unchanged in August  
Bank of Thailand held the benchmark interest rate at 2.0 percent for the fifth straight month on August 6th as it considered the monetary policy appropriate to support the economic recovery.
Wednesday June 18 2014
Thailand Leaves Monetary Policy Unchanged  
At its June 18th, 2014 meeting, Thailand’s central bank left the benchmark interest rate unchanged at 2 percent, as widely expected. Policymakers also lowered its 2014 GDP growth forecast to 1.5 percent from 2.7 percent.
Monday May 19 2014
Thai GDP Contracts 2.1% QoQ in Q1  
Thailand's economy shrank a bigger-than-expected 2.1 percent in the first quarter of 2014, down from a revised 0.1 percent expansion in the previous three months. It is the first on-quarter contraction in a year, as exports remained weak and domestic consumption was hurt by months of political turmoil.
Monday May 19 2014
Thai Economy Shrinks in Q1  
Thailand’s GDP contracted 0.6 percent from a year earlier in the first three months of 2014, down from a 0.6 percent expansion in the previous quarter. A rise in government expenditure on higher public salaries and wages was not enough to offset a drop in private consumption and investment.
Wednesday April 23 2014
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
Wednesday March 12 2014
Bank of Thailand Cuts Rate to 2%  
At its March 12th 2014 meeting, the Bank of Thailand decided to cut the benchmark interest rate by 25 bps to 2 percent, as months of political unrest keep hurting the economy. The policy rate stands now at its lowest level since late 2010.
Monday February 17 2014
Thai Economy Expands 0.6% QoQ in Q4  
In the fourth quarter of 2013, the Thai economy advanced 0.6 percent over the previous quarter, far below the 2.7 percent growth rate recorded in the previous three-month period, confirming the impact of the protests on the economy.
Monday February 17 2014
Thai GDP Growth Slows Sharply in Q4  
In the fourth quarter of 2013, the Thai GDP grew a meager 0.6 percent over a year earlier, down from 2.7 percent in the preceding quarter, as political unrest hurt demand, tourism and investment.
Wednesday January 22 2014
Bank of Thailand Leaves Monetary Policy Unchanged  
Bank of Thailand decided on January 22nd to leave the benchmark interest rate unchanged at 2.25 percent. Although the central bank considers monetary policy stance is already quite accommodative enough, it cut GDP growth forecasts for 2013.
Wednesday November 27 2013
Bank of Thailand Cuts Rate by 25 bps  
Bank of Thailand decided on November 27th to cut the benchmark interest rate for the second time this year to 2.25 percent, as the current political situation threatens investor confidence and the delay in government spending poses downside risks to growth.
Monday November 18 2013
Thai GDP Expands 1.3% QoQ in Q3  
In the third quarter of 2013, Thailand’s GDP recorded the first expansion in three quarters and advanced 1.3 percent over the previous three-month period, as a surge in the manufacturing sector was enough to offset a drop in agriculture and construction.
Monday November 18 2013
Thai GDP Growth Slows to 2.7% YoY in Q3  
In the third quarter of 2013, the Thai economy expanded 2.7 percent over a year earlier, down from a 2.9 percent growth in the previous quarter. It is the slowest expansion in six quarters, mainly due to a drop in household consumption and investment.
Wednesday October 16 2013
Thai Monetary Policy Unchanged in October  
The Monetary Policy Committee of the Bank of Thailand decided on October 16th to leave the policy rate unchanged at 2.5 percent, citing uncertain global economic recovery and the delay in fiscal disbursement for infrastructure projects as key downside risks to the economy.
Wednesday August 21 2013
Bank of Thailand Keeps Policy Rate Steady at 2.5%  
The Monetary Policy Committee of the Bank of Thailand decided on August 21st to leave the policy rate unchanged at 2.5 percent, as inflation remains subdued, while risks to financial stability and uncertainties regarding global financial conditions warrant continued monitoring.
Monday August 19 2013
Thai Economic Outlook Remains Weak  
Recent data updates for Thailand show that strong growth is not likely to hold in the months ahead. While decline in consumer confidence suggests that consumption is likely to slow even further, exports continue to suffer from weak global demand.
Monday August 19 2013
Thai Economy Contracts 0.3% QoQ in Q2  
In the second quarter of 2013, Thai GDP shrank for the second quarter in a row by 0.3 percent from the preceding three-month period, due to weakness in exports, domestic consumption and investment.
Monday August 19 2013
Thai GDP Growth Slows to 2.8% YoY in Q2  
In the second quarter of 2013, Thai GDP grew by 2.8 percent, decelerating from 5.4 percent expansion reported in the previous quarter as domestic demand slowed down and exports declined.
Wednesday July 10 2013
Thai Monetary Policy Unchanged in July  
The Monetary Policy Committee of the Bank of Thailand decided on July 10th to leave the policy rate unchanged at 2.5 percent, citing concerns about a slowdown in domestic demand.
Wednesday May 29 2013
Bank of Thailand Cuts the Benchmark Interest Rate to 2.50%  
The Monetary Policy Committee of the Bank of Thailand decided on May 29th to lower the 1-day repurchase rate for the first time this year, by 25 basis points from 2.75 percent to 2.50 percent, citing concerns about downside risks to domestic demand and exports and slowing economic growth.
Tuesday August 06 2013
Thai Growth May Slow Even Further  
In the first quarter of 2013, Thailand's economy slowed more than expected, hurt by disappointing public spending and exports. Yet, although recent depreciation of the bath against the US dollar may give a boost to the export sector, recent decline in consumer confidence prompted by fall in public salaries is likely to weaken consumption.
Monday May 20 2013
Thai Growth May Slow Even Further  
In the first quarter of 2013, Thai economy slowed more than expected. While household consumption and private investment remained resilient, public spending and exports were disappointing. Yet, the recent decline in consumer confidence, together with the fall in public salaries, shows that household consumption is likely to decline in the next quarter. Indeed, unless the external sector gains momentum and government spending programme move forward, the economy would slow even further in the next three months.
Monday May 20 2013
Thai GDP Growth Slows to 5.3% YoY in Q1 2013  
In the first quarter of 2013, the Thai economy expanded by 5.3 percent, compared to a 19.1 percent rise in the previous quarter. The sluggish expansion was a result of slowdown in both domestic demand and external sector.
Monday May 20 2013
Thai GDP Shrank by 2.2% QoQ in Q1 2013  
In the first quarter of 2013, Thai GDP contracted a seasonally adjusted 2.2 percent on the quarter-on-quarter basis, compared to an expansion of 2.8 percent in the previous quarter, mainly hurt by lower domestic demand and exports.
Thursday May 09 2013
Thailand's Economic Boom Is Holding  
Recent updates for Thailand show that the economy is holding momentum. In spite of the global economic downturn, domestic demand, exports and public investment continue to support the expansion.
Friday May 03 2013
Thai Economy Keeps Gaining Momentum  
Recent updates for the Thai economy show prospects of further expansion. In the fourth quarter of 2012, the GDP grew 18.6 percent year over year and 3.6 percent quarter over quarter.
Wednesday April 03 2013
Bank of Thailand Keeps Policy Rate Unchanged at 2.75%  
Bank of Thailand left its benchmark interest rate unchanged at 2.75 percent on April 3rd, as risks to domestic financial stability raise concerns.
Wednesday February 20 2013
Bank of Thailand Keeps Policy Rate Steady at 2.75%  
Bank of Thailand left its benchmark interest rate unchanged at 2.75 percent on February 20th in the wake of data showing record economic growth in the fourth quarter of 2012
Monday February 18 2013
Thailand’s GDP Growth Accelerates in Q4 of 2012  
In the last three months of 2012, the Thai economy expanded 18.9 percent over the previous year, after increasing a revised 3.1 percent in the previous quarter. This highest quarterly growth on record was supported by the adjustment after a severe contraction in the same quarter of 2011, pick up in exports and a surge in domestic demand.
Monday January 21 2013
Thailand's GDP Grew 1.2% in the Third Quarter of 2012  
GDP in the third quarter of 2012 grew by 3.0% compared to a 4.4% increase in the previous quarter. This was a result of external demand contraction while domestic consumption continued to expand. Household consumption and investment rose by 6.0% and 15.5% respectively while government consumption increased by 9.0%. GDP on the quarter-by-quarter basis increased by 1.2% after seasonal adjustment.
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