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SCB EIC expects additional two rate cuts this year, bringing the rate down to 1.25% by year-end, despite MPC’s upward re…
The MPC decided to maintain the policy rate at 1.75%, citing effective past cuts and economic support needs. Thai GDP growth projections for 2025 are revised upward to 2.3% YOY, while inflation and credit growth concerns persist amid high uncertainty.
Thai Exports in May 2025 Surged Beyond Expectations, Reaching a Record High. SCB EIC anticipates that the impacts of int…
In May 2025, Thailand’s merchandise exports surged 18.4% YOY to USD 31 billion, driven by electronic goods despite new U.S. tariffs. Imports also rose 18%, leading to a trade surplus. However, future export growth may face challenges from tariffs and global tensions.
