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July 27, 2023
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Thailand industrial production -5.09% y-o-y (consensus -2.4) in Jun-23


- Thailand's industrial production recorded a significant decline of 5.09% y-o-y in June 2023, marking the lowest growth rate since April 2023 and falling short of market expectations.
- May 2023 saw positive growth in both investment (5.38% m-o-m) and private consumption (1.46% m-o-m), indicating improved business confidence and consumer spending.
July 13, 2023
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Thailand consumer confidence 56.7 in Jun-23

- Thailand's consumer confidence in June 2023 reached its highest level since February 2020, reflecting an optimistic outlook among consumers.
- Despite the progress, consumer confidence remains below the long-run average, indicating room for further improvement in the economy.

July 05, 2023
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Thailand CPI inflation 0.23% y-o-y (consensus -0.2) in Jun-23


- Thailand's CPI inflation for June 2023 defied market expectations, growing by 0.23% y-o-y, the lowest rate since August 2021.
- The core CPI inflation, excluding food and energy prices, remained stable at 1.32% y-o-y in June 2023.
July 03, 2023
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Thailand PMI manufacturing 53.2 in Jun-23


- Thailand's manufacturing sector expanded in June 2023 with a PMI reading of 53.2, but it indicates a slower pace of growth compared to the previous month.
- The PMI reading in June 2023 is the lowest recorded level since March 2023 and is 1.07 points below the one-year average, suggesting a departure from the sector's usual performance.

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