Public Debt in Thailand
Thailand - Public DebtThe economy started the year on a positive note and incoming data points to healthy growth in Q2. Despite earlier concerns about the strong baht, exports recorded a record-high pace of growth in May. The manufacturing PMI also performed well and returned to expansion territory in June on the back of increased domestic and overseas demand. While business confidence slipped in June, it remained entrenched above the crucial 50-point mark, signaling a positive outlook. On the political front, the government finally approved phase one of a Chinese high-speed railway connecting Thailand to South China, budgeted at USD 5.2 billion.
Thailand - Public Debt Data
|Public Debt (% of GDP)||40.2||42.2||42.6||43.9||41.2|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.41||-1.63 %||Aug 17|
|Exchange Rate||33.21||-0.13 %||Aug 17|
|Stock Market||1,569||0.09 %||Aug 17|
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August 16, 2017
At its 16 August monetary policy meeting, the Bank of Thailand (BoT) unanimously decided to keep the one-day repurchase rate at 1.50%, where it has been for over two years.
August 2, 2017
In July, consumer prices decreased 0.13% in monthly terms, the lowest reading in four months (June: +0.02 month-on-month).
July 29, 2017
Following an increase in industrial output in the previous month, Thai manufacturing output decreased unexpectedly, defying market analysts’ expectations.
July 20, 2017
Thailand’s external sector continued to defy analysts’ worries that a strong baht could have a negative effect on its performance.
July 3, 2017
Consumer price growth in June came in barely above the zero percent mark, registering a 0.02% increase on a month-on-month basis, following the previous month’s 0.15% increase.