Economy
The downward spiral in Thai exports persists in July; SCB EIC considers cutting Thailand’s 2023 export outlook.
Abstract Thai exports continued to decline for the tenth consecutive month in July 2023, dropping by -6.2% compared to the...
SCB EIC expects policy rate hike to continue to hit 2.5% in Q3/23
Abstract The Monetary Policy Committee (MPC) in Thailand has voted unanimously to raise the policy rate by 0.25% from 1.75%...
SCB EIC anticipates another MPC rate hike to the Terminal rate at 2.5%.
Abstract The Monetary Policy Committee (MPC) in Thailand has voted unanimously to raise the policy rate by 25 basis points...
Thai exports continue to decline in June. While the low base effect might aid export growth in the coming periods, risks…
Abstract Thai exports continued to decline for the ninth straight month in June 2023. The value of exports stood at...
Thai exports continued to fall in April, with worrying prospects from slowing Chinese economic momentum.
Abstract Thai exports in April reached a four-month low, with a -7.6% year-on-year contraction. Excluding gold, exports worsened by -9.3%...
SCB EIC expects continued growth across CLMV economies
Abstract CLMV economies, consisting of Cambodia, Laos, Myanmar, and Vietnam, are expected to experience growth in 2023. Cambodia is likely...
Thai exports in May performed better than anticipated
Abstract Thai exports in May contracted at a lower rate than expected. The value of exports stood at USD 24,340.9...
Outlook Quarter 2/2023
Abstract The Siam Commercial Bank (SCB) Economic Intelligence Center (EIC) has maintained its forecast for Thailand's GDP growth in 2023...
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