Thai Manufacturing Sector Stagnant In October - S&P Global
RTTNews
|
Pred 9 h 27 min
(RTTNews) - The manufacturing sector in Thailand was stagnant in October, the latest survey from S&P Global showed on Friday with a manufacturing PMI score of 50.0.
That's down from 50.4 in September and it now sits right on the line that separates expansion from contraction.
The PMI had positive contributions from output and employment. These were offset by negative impacts from new orders, suppliers' delivery times and stocks of purchases.
The volume of new orders fell for the first time in four months in October, although the rate of contraction was only marginal. This led to the slowest rise in output of the current six-month period of expansion.
read more
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
|
Pred 15 dňami
Thailand Manufacturing PMI Fades In September - S&P Global
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.
RTTNews
|
Pred 31 dňami
Thailand Manufacturing Sector Slows In August - S&P Global
The manufacturing sector in Thailand continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.0.
RTTNews
|
Pred 60 dňami
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
|
Pred 72 dňami
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
|
Pred 73 dňami
Thai Manufacturing Sector Picks Up Steam In June - S&P Global
The manufacturing sector in Thailand continued to expand in June, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.7.
RTTNews
|
Pred 123 dňami
Thailand Leaves Policy Rate Steady At 2.50%
Thailand's central bank decided to keep the interest rate unchanged for the fourth straight meeting on Wednesday as the inflation rate returned to the target range, despite the rising pressure from the government to cut rates to support economic growth.
RTTNews
|
Pred 141 dňami
Thailand Manufacturing Sector Moves Back To Expansion - S&P Global
The manufacturing sector in Thailand bounced back up into expansion territory in May, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.3.
RTTNews
|
Pred 150 dňami