Thailand Activity Data (Apr)

时间： 2016-06-02 09:57:54 来源：香港上海汇丰作者：佚名

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摘要： EconomicindicatorsreleasedbytheBankofThailand(BoT)suggestthateconomicactivityslowedinApril,including

　　Economic indicators released by the Bank of Thailand (BoT) suggest thateconomic activity slowed in April, including business loans, exports, as well astourist arrivals. Both consumer and business confidence also declined slightly.

　　Meanwhile, the y-o-y expansion and private consumption and private investmentwere partly due to a low base. Today's data suggest that more fiscal measures arewarranted, to prevent economic growth decelerating further. In fact, the Cabinethad approved today further relaxation of a tax measure for boosting privateinvestment. In contrast, monetary policy settings are unlikely to change until afterH1 2017. The minutes of the 11 May Monetary Policy Committee (MPC) meetingalso indicated that the MPC's policy stance had changed in a significant way.

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EconomicindicatorsreleasedbytheBankofThailand,BoT,suggestthateconomicactivityslowedinApril,includingbusinessloans,exports

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