Thailand Manufacturing PMI Fades In September - S&P Global

RTTNews | Před 86 dny
Thailand Manufacturing PMI Fades In September - S&P Global

(RTTNews) - The manufacturing sector in Thailand continued to expand in September, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.4.

That's down from 52.0 in August although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

The PMI had positive contributions from new orders, output and employment, which together account for 75% of the weight of the headline figure. Suppliers' delivery times (15% weight) and stocks of purchases (10%) had slightly negative impacts, the latter for the twelfth month running.

The volume of new orders rose for the third month in a row in September, although the rate of growth was only marginal. This led to the slowest rise in output of the current five month period of expansion.

Značky : THB
read more
Thai GDP Expands Most In 2 Years

Thai GDP Expands Most In 2 Years

The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising revised 2.2 percent in the second quarter.
RTTNews | Před 38 dny
Bank Of Thailand Trims Rate Unexpectedly

Bank Of Thailand Trims Rate Unexpectedly

The Bank of Thailand unexpectedly lowered its policy interest rate for the first time in more than four years, as inflation is projected to return towards the target range by the end of this year. The Monetary Policy Committee voted 5-2 to cut the policy rate by 25 basis points to 2.25 percent. Two committee members sought to maintain the rate at 2.50 percent.
RTTNews | Před 71 dny
Thailand Central Bank Maintains Key Rate As Expected

Thailand Central Bank Maintains Key Rate As Expected

Despite low inflation, the Bank of Thailand left its benchmark interest rate unchanged for the fifth straight session amid the fiscal policy uncertainty. The Monetary Policy Committee voted 6-1 to hold the policy rate at 2.50 percent, the highest in more than a decade. The decision came in line with expectations.
RTTNews | Před 127 dny
Thai GDP Growth Fastest In 5 Quarters

Thai GDP Growth Fastest In 5 Quarters

Thailand's economy expanded at the fastest pace in more than a year in the second quarter, underpinned by consumption, exports and tourism but the uncertainty over the digital wallet plan following the leadership change weighs on growth outlook. Gross domestic product grew 2.3 percent on a yearly basis in the second quarter after rising 1.6 percent in the first quarter.
RTTNews | Před 129 dny