and services segment showed improvement during the last quarter of the year as a result of the government’s economic stimulus. Private investment contracted in all investment categories from the
. 3) Gradual expansion of private consumption as consumer confidence continues to improve and 4) Other supporting factors, namely public and private investments and proposed stimulus schemes, such as
the tourism sector, political uncertainties and strengthening of the Thai Baht which may impact competitiveness in international trades. However, acceleration in public investment, fiscal stimulus
that the trend hot rolled steel import decreased and to have confidence in domestic market which will have a direction to improve in the future. In addition, the government stimulus measures may affect
consumption picked up across all spending categories thanks to improvements in domestic demand supported by various government stimulus measures. Private investment expanded at a higher rate, driven by real
capital influx into Thailand, supported by four major factors. First, it received a windfall from US failure to enact economic stimulus measures. Second, signs of a Federal Reserve policy rate hike
European Union and Japan while the Chinese economy may witness only low growth. Governments of several countries hastened the implementation of large-scale stimulus packages in order to ameliorate the
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
ASEAN countries. Regarding domestic demand, private consumption expenditure grew at a slower pace amid supports from the government’s economic stimulus measures due to the declining household income and