resulting in lower manufacturing costs. Meanwhile, in the auto industry, the total number of car sales for 2019 showed a slowing down trend with sales for total year 2019 at 1,007,552 units, contraction of
decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles
According to the Bank of Thailand and Office of the National Economic and Social Development Board (NESDB) data. Thailand’s economy in the second quarter of 2023 expanded by 1.8% y-y, decelerating from 2.6
According to the Bank of Thailand and Office of the National Economic and Social Development Board (NESDB) data. Thailand’s economy in the third quarter of 2023 expanded by 1.5%, decelerating from 1.8% in the
Thailand in 2023 growing only 1.9%, decelerating from 2.5% in the previous year, from a slowdown in public investment and public consumption due to the delay of government’s budget allocation, although the
decelerating rate from 1.9% in the previous year, due to the delay of government’s budget allocation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2 .0%-3.0%, in
equipment sales and increased in number of registered vehicles for investment purposes. Exports during the first 2 months of 2019 registered a slight increase of 0.2% yoy, decelerating from the same period
E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4
even though there was a slowdown in the last month of December 2018 due to decelerating of exporting sector and the world economy, compared with the previous quarter. The revenues from agricultural
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic