. Also, there were concerns about pockets of risks in the property market, further accumulation of household debt, and debt serviceability of SMEs, especially those affected by changes in structural
arrivals rose by 9.1 percent from the same period last year. Private consumption grew consistently in tandem with an improvement in private investment, particularly in export-oriented industries. Public
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
conditions. Nevertheless, risk factors still remain from the following 1) Contractions in private investment continue especially in the construction segment 2) Continued slowdown in manufacturing productions
conditions. Nevertheless, risk factors still remain from the following 1) Continuing weakness in the private investment especially in the construction segment 2) Continued slowdown in manufacturing productions
global economy 2.) tourism sector growth with an exceptional 12% YoY increase in tourist arrivals for the first six months of the year, especially Chinese, Russian and Indian tourists 3.) recovering
categories especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and
especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and tightening of
, particularly from large corporate and SME. However, the commercial banks remained cautious in lending as the loan quality continued to deteriorate especially SME loan. Overall NPL ratio increased marginally from