RHB | Thailand | Both Money Supply And Loan Growth Eased In June, But Inflation Expected To Remain Weak

Economic Research	04 Aug 2015
Thailand
Economic Highlights
Both Money Supply And Loan Growth Eased In June, But Inflation Expected To Remain Weak The supply of broad money (BM) grew at a slower pace of 6.0% y-o-y in May, compared to +6.3% in May and +6.1% both April and March, driven by softer domestic claims but mitigated by a pick-up in net foreign assets. Meanwhile June narrow money (NM) rose 4.5% y-o-y, from a revised 3.0% in May, pointing to stronger consumer spending in the near-term. Economist:  Ng Kee Chou  | +603 9280 2179
To access our recent reports please click on the links below: 29 Jul 2015: Thai Manufacturers End 2Q On A Weak Note, Dragged By Broad-Based Softening 28 Jul 2015: Exports Surprises With Another Sharp Dive 02 Jul 2015: Deflation Eases On Rising Food Prices, But Overall Picture Still Soft 01 Jul 2015:  No End In Sight As Thai Manufacturers Take Another Step Down 01 Jul 2015:  Both Money Supply And Loan Growth Locked In Positive Trend 29 Jun 2015: Exports Stumble Despite Weakening Currency