Wednesday, July 1, 2015

RHB | Thailand | Both Money Supply And Loan Growth Locked In Positive Trend

Economic Research
           01 Jul 2015
Thailand

Economic Highlights




The supply of broad money grew at a faster pace of 6.3% y-o-y in April, compared to +6.1% in both April and March, driven by higher loans and net foreign assets. Meanwhile narrow money outpaced broad money, rising 6.9% y-o-y, from+2.3% in April, we believe this will provide a boost to consumer spending in the near-term.

Economist:  Ng Kee Chou  | +603 9280 2179


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2 comments:

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