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The Bank of Thailand's Monetary Policy Committee unanimously voted to raise the policy interest rate by 25 basis points from 1.75% to 2%, in line with market expectations.
#Thailand #กนง #ดอกเบี้ย
#Thailand #กนง #ดอกเบี้ย
The MPC said the Thai economy is expected to continue expanding, driven mainly by tourism and private consumption. It also anticipates a gradual recovery in exports.
According to the commerce ministry, exports decreased by 5.2% YoY to $92 billion for the first 4 months of 2023.
According to the commerce ministry, exports decreased by 5.2% YoY to $92 billion for the first 4 months of 2023.
The MPC noted that headline inflation has slowed down, but core inflation remains elevated.
In April, headline inflation rose by 2.67% YoY, compared to March's 2.83% increase.
Core inflation, on the other hand, increased by 1.66% YoY in April, down from 1.75% YoY in March.
In April, headline inflation rose by 2.67% YoY, compared to March's 2.83% increase.
Core inflation, on the other hand, increased by 1.66% YoY in April, down from 1.75% YoY in March.
