shrank from the economic slowdown, as operators opted to invest in process improvement and efficiency enhancements, as well as introduction of technology to reduce costs. EEC area is also slowing down, but
main drivers namely export and tourism sectors potentially slowing down partly from the continue trade tensions between the US and China. Meanwhile, consumption could potentially be limited by the
1 % Y o Y - 1 7 % Y o Y - 2 1 % Y o Y - 1 7 % Y o Y -10% YoY Page 3 Export branded sales continued to grow by c.10%. The growth was slowing down due to a stronger baht against the US dollar, while
supported by the improvement in farm income. Nevertheless, signs are pointing to the slowing momentum of car sales which could be indications of market saturation and could potentially lead to price
income. Nevertheless, signs are pointing to the slowing momentum of car sales, with sales for the month of June declining by 2.1% yoy, the first decline in 30 months, which could be indications of market
tourism sectors potentially slowing down partly from the continue trade tensions between the US and China. Meanwhile, consumption could potentially be limited by the depressions in farm income and high
the most as some border checkpoints are still closed, resulting in higher costs of import and transportation to overseas countries, less competitiveness, as well as export customers slowing down import
review, limit suspensions, specific to each customer segment, according to segment risk characteristics. Regarding small and micro business as well as retail customers, likely to be affected by the slowing
schemes, growing domestic consumption and tourism. Factors that may affect the Thai economy in 2019, to name a few, are the slowing global economic growth, the inconclusive trade war between the US and