Showing 1-2 of 2 results
-
As global demand recovers, exports set to accelerate
Business, Bangkok bank, Published on 31/05/2021
» In April 2021, Thailand’s export value surpassed $20 billion for the third month in a row, with a growth rate of 13.09% YoY, the largest gain in 36 months. Excluding gold, oil-related products, and weaponry, April exports skyrocketed 25.7% YoY. Rising export trend is consistent with Global Manufacturing PMI level of 55.8, the highest in 11 years. Nevertheless, imports climbed 29.8% YoY to $21.25 billion, resulting in a comparatively small trade surplus of $182.48 million — a collapse from April 2020 surplus of over $ 2.5 billion. Perhaps, it’s worth noting that last year’s export performance was distorted, and therefore severely understated, by the global lockdown.
-
Economic indicators in April worsened from March, FOREX but strong export performance the only redeeming feature
Business, Bangkok bank, Published on 07/06/2021
» Private consumption dropped in April 2021 MoM because of the third wave of Covid-19 outbreak. The private consumption index (PCI) surged 8.7% YoY in April, following a 3.7% YoY gain in March. But this was large due to the low base from the 2020 lockdown. Meanwhile, it declined by 4.3% MoM in April as the impacts from the third wave weighed on economic activity. Furthermore, the consumer confidence index fell to 43 in May 2021 from 46 a month earlier, the lowest level since February 1999. This is consistent with the rapid increase of daily infection cases since the beginning of April.
Your recent history
-
Recently searched
-
Recently viewed links
Did you find what you were looking for? Have you got some comments for us?
