Thai Economy Expands Most Since 2013
2017年8月21日 - 11:25AM
RTTF2
The Thai economy expanded at the fastest pace in more than four
years in the second quarter, largely driven by global demand.
Gross domestic product expanded 3.7 percent on a yearly basis,
following the 3.3 percent growth in the previous quarter, the
National Economic and Social Development Board said Monday.
Quarter-on-quarter, economic growth held steady at 1.3 percent
in the second quarter.
On the expenditure side, private final consumption expenditure
grew 3.0 percent, compared to 3.2 percent in the first quarter.
At the same time, general government final consumption
expenditure expanded by 2.7 percent and gross fixed capital
formation increased slightly by 0.4 percent.
For the external sector, exports and imports of goods and
services grew by 6.0 percent and 8.2 percent, respectively.
The production-side breakdown of GDP showed 15.8 percent
increase in farm output. Non-agricultural output growth eased to
2.7 percent from 3.1 percent as manufacturing sector slowed down,
while tourism showed an upward trend.
In the first half of 2017, GDP expanded 3.5 percent.
Citing recovery of the exports, robust investment and the
favorable expansion of household income, the government upgraded
its growth outlook for whole year of 2017 to 3.5-4 percent, from
the previous forecast of 3.3-3.8 percent.
It is expected that the export value of goods will expand by 5.7
percent, private consumption and total investment will grow by 3.2
and 3.4 percent, respectively.
The headline inflation will be in the range of 0.4-0.9 percent
and the current account will record a surplus of 9.7 percent to
GDP, the board said.
Gareth Leather, Capital Economics' economist said growth is
likely to remain relatively strong over the next couple of
quarters, helped by strong external demand and loose monetary and
fiscal policy.
The uncertain political situation is the main risk to the
outlook, the economist added.
CHF vs Yen (FX:CHFJPY)
FXチャート
から 3 2024 まで 4 2024
CHF vs Yen (FX:CHFJPY)
FXチャート
から 4 2023 まで 4 2024