International Reserves in Thailand
Thailand - International Reserves
Signs regarding the economic panorama are mixed. On the positive side, exports, supported by strong overseas demand, recorded double-digit growth rates in recent months and are set for their best performance in recent years for the year as a whole. Imports have also had a stellar year to date, reflecting a robust domestic economy. In addition, private consumption clocked its third consecutive month of growth in July, likely boosted by low inflation. However, the manufacturing PMI worsened in August on the back of a fall in output and new orders and signaled a slowdown in the manufacturing sector. In the political arena, the cabinet approved a new alcohol and tobacco tax law which came into effect in mid-September. The new tax is aimed at making tax collection more transparent but could dent private consumption.Thailand - International Reserves Data
| 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 182 | 167 | 157 | 157 | 172 |
Thailand International Reserves Chart
Source: Bank of Thailand and FocusEconomics calculations.
Thailand Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.24 | 0.0 % | Oct 16 |
| Exchange Rate | 33.03 | -0.25 % | Oct 16 |
| Stock Market | 1,727 | 0.83 % | Oct 16 |
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Economic News
Thailand: Inflation jumps in September
October 9, 2017
Consumer prices in Thailand increased 0.58% over the previous month in September, up from 0.11% in August.
Thailand: Bank of Thailand leaves policy rate unchanged in September
October 6, 2017
At its 27 September monetary policy meeting, the Bank of Thailand (BoT) voted unanimously to maintain the one-day repurchase rate at 1.50%, where it has been for over two years.
Thailand: Manufacturing output beats expectations in August
September 30, 2017
Manufacturing output increased 3.7% year-on-year in August, which is slightly above the pace of expansion seen in the prior month (July: +3.4% yoy; previously reported: +3.7% yoy) and overshot market expectations of a markedly slower pace of growth.
Thailand: Export growth reaches multi-year high despite strong baht currency
September 29, 2017
Thailand’s external sector recorded a USD 2.1 billion surplus in August following the first trade deficit since April 2015 in July.
Thailand: Inflation picks up pace in August
September 2, 2017
Consumer prices increased 0.11% month-on-month in August, contrasting last month’s decrease (July: -0.13% month-on-month).
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