"The Thai economy in April 2018 improved continually from the first quarter of 2018 reflecting by significant economic engines such as exports of goods, domestic consumption, and private investment which expanded well. Meanwhile, the supply-side indicators showed the expanding signs in all sectors as the production in manufacturing and agricultural sectors increased. In addition, the number of inbound foreign tourists grew continually."
Mr. Warotai Kosolpisitkul, Fiscal Policy Advisor of the Fiscal Policy Office, and Mr. Soraphol Tulayasathien, Executive Director of Macroeconomic Policy Bureau revealed the economic report in April 2018 that "The Thai economy in April 2018 improved continually from the first quarter of 2018 reflecting by significant economic engines such as exports of goods, domestic consumption, and private investment which expanded well. Meanwhile, the supply-side indicators showed the expanding signs in all sectors as the production in manufacturing and agricultural sectors increased. In addition, the number of inbound foreign tourists grew continually."
Economic indicators on private consumption expenditures in April 2018 obviously showed recovering signs.
Economic indicators on private investment in April 2018 continued to improve particularly in equipment and machinery sector as commercial car sales expanded continually.
External demand continued to grow from the previous month as export of goods in April 2018 highly expanded by 12.3 percent.
Supply-side indicators were supported by Agricultural Product Index (API) which expanded well, while the number of inbound foreign tourists highly increased.
Internal economic stabilities remained favourable and external economic stability remained robust.
Number 27/2018
30 May 2018
Source: Fiscal Policy Office / www.fpo.go.th