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Continued growth in domestic demand should maintain steady economic growth. The immediate threat is excessive foreign capital inflows, which could lead to currency appreciation and less competitive exports. Policymakers face the challenge of sustaining growth by shifting focus from consumption to investment.
Real Gross Domestic Product (y-o-y growth, %)
y-o-y = year-on-year.
Source: National Economic and Social Development Board; CEIC database.
Source: National Economic and Social Development Board; CEIC database.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 132.8 (Feb13) | 131.8 | 129.0 | |
| Merchandise Export Growth 2 | 18.7 (Jan13) | 18.5 | -6.9 | |
| Composite Stock Price Index 3 | 240.1 (Mar13) | 233.9 | 182.0 | |
| Growth of Broad Money 4 | 9.2 (Feb13) | 9.7 | 13.6 | |
| Industrial/Manufacturing Production Growth Rate 5 | 25.1 (Dec12) | 87.0 | -25.3 | |
| Headline Inflation Rate 5 | 3.2 (Feb13) | 3.4 | 3.3 | |
| Claims on the Private Sector 5 | 13.9 (Dec12) | 15.8 | 16.2 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; CEIC database; Customs Department; Bank of Thailand; IMF International Financial Statistics Online. | ||||
