Bank of Thailand: Economic and Monetary Conditions

2010

Apr May Jun Jul Aug Sep The Real Sector(% from the same period of last year, unless specificed otherwise) Mfg. Prod.Idx SA(level) 196.5 187.5 191.9 188.7 182.1 188.4 Mfg. Prod. Idx w/out SA(level) 179.9 185.0 194.2 190.1 183.7 201.5 Mfg. Prod. Idx w/out SA 23.4 15.9 14.2 13.1 8.4 8.1 Industrial Capacity Util.(%) 58.3 64.3 65.4 64.8 63.6 64.4 Private Consumption Indicators -Retail Sales(at 2002 prices) 11.8 7.6 11.6 12.3 8.2 n.a. -Passenger Car Sales(units) 72.2 68.1 86.2 74.3 59.4 45.8 -Motorcycle Sales(units) 19.9 26.5 43.2 34.2 20.0 9.3 -Imports of Consumer Goods1/(at2000prices) 23.0 45.2 37.4 13.5 27.4 9.2 Private Investment Indicators -Commercial Car Sales(units) 24.8 42.5 44.6 37.0 46.4 35.6 -Imports of Capital Goods1/(at 2000prices) 25.1 37.0 42.9 27.9 32.0 21.7 -Cement Sales(tons) 10.4 19.4 6.4 3.5 -4.5 3.7 Government Cash Balance(Bn.Bt) 28.6 -15.4 122.6 -56.3 -0.1 67.4 Consumer Price Index 3.0 3.5 3.3 3.4 3.3 3.0 -Food 3.7 4.6 6.1 6.9 7.5 6.6 -Non-Food 2.5 2.8 1.5 1.4 1.0 0.9 Core Inflation(excluding raw food & energy) 0.5 1.2 1.1 1.2 1.2 1.1 External Accounts(Millions of US$, unless specified otherwise) Exports 2/ 13,832 16,436 17,878 15,475 16,292 17,955 (% US$) (34.7) (42.5) (47.1) (21.2) (23.6) (21.8) Imports 2/ 14,022 14,137 15,342 16,266 15,440 14,712 (% US$) (44.0) (53.5) (38.3) (36.5) (41.8) (15.7) Trade Balance -190 2,299 2,536 -791 852 3,243 Current Account Balance 3/ -289 1,172 814 -1,001 280 2767 Net Capital Flow 3/ 4/ 3,002 -2,410 808 3,107 3,921 1,099 -Monetary authorities 5/ -251 62 173 261 149 457 -Government 459 -170 102 434 903 604 -Bank 1,245 -1,703 2,554 527 1,860 682 -Others 1,549 -599 -2020 1,885 1009 -643 Balance of Payments 3,749 -989 2,166 1,412 3,589 4,270 Official Reserves(bn.US$) 147.6 143.5 146.8 151.5 155.2 163.2 Monetary Statistics(End of Period)(Billions of Baht) Monetary Base 1,099.7 1,088.8 1,072.0 1,066.9 1,045.6 1,118.1 (%) (10.7) (14.3) (9.3) (11.3) (8.0) (13.7) Narrow Money 1,182.5 1,261.9 1,180.2 1,173.0 1,181.4 1,175.5 (%) (11.5) (14.4) (15.1) (15.8) (11.3) (11.7) Broad Money 10,831.8 11,001.5 10,846.4 10,887.1 10,968.1 11,112.1 (%) (5.5) (6.8) (7.0) (8.8) (8.5) (9.9) Depository Corporations Deposits 6/ 9,975.6 10,229.1 9,983.3 9,974.5 10,015.9 10,089.5 (%) (4.6) (7.0) (6.2) (7.6) (6.6) (7.8) Despository Corporations Private Credits 6/ 8,995.4 9,101.2 9,196.7 9,219.7 9,299.8 9,422.2 (%) (6.0) (7.3) (8.5) (9.1) (9.8) (10.7) Interest Rates(% p.a.) -Repurchase Rate,1 day (closing rate daily avg.) 1.25 1.25 1.25 1.4 1.56 1.75 -Overnight Interbank Rate(mode daily avg.) 1.15 1.16 1.13 1.27 1.43 1.62 -Fixed Deposit Rate(1 year) 7/ 0.65-0.7 0.65-0.7 0.65-0.7 1.00-1.2 1.00-1.2 1.1-1.43 -Prime Rate(MLR) 7/ 5.85-6.2 5.85-6.2 5.85-6.2 6.00-6.3 6.00-6.3 6.00-6.38 Exchange Rate(Baht : US$) 32.29 32.39 32.47 32.33 31.74 30.83 1/ Excluding transportation 2/ BOP Basis 3/ From October 2006, the reinvested earning data (R.E.) is included in the Financial Account, with corresponding contra entry under "Investment Income" item by the same amount in the Current Account. Also, adjustments are made to the Balance of Payments data series to reflect RE since 2001. (Detail on BOT Press release No.45/2006) http://www.bot.or.th/bothomepage/General/pressReleasesAndSpeeches/PressReleases/news2549/Eng/n4549e.htm 4/ The latest net capital flow data shown is preliminary which will be revised in the following month. 5/ Include investment in BOT bond by non-residents since 2005 6/ Depository corporations Domestically Registered Commercial Banks, Branchese of Foreign Banks, International Banking Facilities, Finance Companies, Specialized Banks, Thrift and Credit Cooperatives and Money Market Mutual Funds. 7/ As quoted by the 5 largest banks p = preliminary e = estimate

Source : Bank of Thailand