the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the
quarter from the contraction of the industrial sector that reduced the production of industrial products due to higher production costs, a lower domestic demand and lower demands from trading partners in
domestic sale of 750,000 units. Looking back, 2023 was a challenging year for Thailand auto industry as illustrated by decrease in overall production and weaker domestic demand for cars due to overall
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
Synchronized Growth). 1) Exports – with growth of 8.9% during the first 8 months of 2017 contributed by the continuing external demand for electronic goods and 2) Tourism - with number of foreign tourists
last year as a result of declining global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China and the down-cycle of electronic products. In
statements. Overall market environment The Thai economy during the third quarter of 2018 continued to expand particularly from domestic demand. Private consumption grew mainly from the durable goods segment