Wednesday, April 1, 2015

RHB | Thailand | Money Supply And Credit Growth Rose In February

Economic Research
           01 April 2015
Thailand

Economic Highlights




The supply of broad money picked up to 5.5% y-o-y in February, from +5.0% in January and compared to +4.6% during the November-December period. As a whole, domestic monetary and liquidity conditions is staging a recovery, as are other domestic indicators for the month of February, driven by the acceleration in government spending and improved business confidence. Also, the low interest rate environment will likely be conducive for further improvements in monetary and liquidity conditions.

Economist:  Vincent Loo Yeong Hong  | +603 9280 2172


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