RHB | Thailand | Economic Recovery See Signs Of Life As Credit Demand Picks up

Economic Research	02 Nov 2015
Thailand
Economic Highlights
Economic Recovery See Signs Of Life As Credit Demand Picks up The supply of broad money (BM) increased by 5.3% y-o-y in September, slowing from its 5.4% gain in both August and +6.0% reading in July. Domestic claims and deposits including bills of exchange both grew at a quicker rate of 5.8% and 6.1% y-o-y respectively, while net foreign assets surged 18.0% y-o-y, from +16.4% in the previous month, as residents continued to move money out of the country amid a falling Thai Baht (THB). Economist:  Ng Kee Chou  | +603 9280 2179
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