1 Jun = 21.8 Bn USD Ex. Gold = 21.3 Bn USD %YoY Export Value Source: Compiled from Customs Department s data P = Preliminary data = 20.3 Bn USD Ex. Gold = 20.1 Bn USD P P Share P P H1 H2 H1 Q1 Q2 Jun %MoM sa Agriculture 7.6 20.2 20.0 20.4 3.0-1.6 7.8 6.7-4.3-7.5 Fishery 0.9 4.1 5.3 3.1-1.4 9.3-9.7-13.2-9.9 1.7 Manufacturing 87.5 10.2 9.0 11.4 12.4 14.1 10.7 8.6 9.9 0.5 Agro-manufacturing Products 12.3 12.6 10.4 14.7 7.4 6.5 8.4 9.1 12.5 0.7 Electronics 15.0 14.0 13.2 14.8 12.4 13.6 11.3 12.9 9.2-2.8 Electrical Appliances 5.6 6.2 6.7 5.6 6.6 9.6 3.6 4.7-0.8-6.6 Automotive 15.0 6.3 2.4 10.0 15.1 15.8 14.4 7.0 9.2 1.5 Machinery & Equipment 8.7 7.2 7.6 6.7 8.7 9.7 7.7 6.3-2.5 3.7 Petroleum Related 11.5 19.0 18.4 19.6 26.4 26.2 26.5 23.9 34.9 2.6 Total (BOP basis).0 9.8 7.3 12.2 11.1 9.9 12.3 10.0 8.3-1.8 Ex. Gold - 10.9 9.5 12.2 11.5 11.2 11.9 10.0 8.2-0.8 Ex. Gold+Petroleum related - 9.9 8.5 11.2 9.6 9.3 9.9 8.2 4.8-1.3 Note: Data above are recorded by custom basis, except total export value which is recorded by BOP basis. Custom basis considers recording as goods pass through Customs, while BOP basis considers changes in ownership between residents and non-residents. Ex.gold 130 Index sa, 3mma ( =) Thai Export to Major Destinations Index sa, 3mma ( =) * ex. aircraft, other vehicles and other manufacturing goods Asian Export Performance China Japan* EU US ASEAN5 ME ID ex.oil & Gas MY CN TH ex.gold SG TW KR
2 = Nielsen s FMCG Index & Fuel Index = = 115 130 105 95 Nielsen s FMCG Index sa, 3mma Fuel Index, sa Fuel Index sa, 3mma (RHS) 85 Durable and Semi-durable Indices Semi-durable Index sa,3mma Durable Index sa, 3mma Durable Index sa = 130 Service Index* & Net Tourist Spending Index * Comprises of the VAT on hotel and restaurant sector and the sale of transportation sector %YoY Private Consumption Indicators H1 H2 H1 Q1 Q2 Jun P %MoM sa Non-durable index 0.5 0.1 0.9 0.3 0.5 0.2 0.3 0.3-0.3 Semi-durable index 0.7 0.6 0.8 2.5 2.4 2.5 2.1 2.9-0.7 Durable index 8.0 6.8 9.0 8.4 6.3 10.4 10.7 11.5-0.8 Service index 7.1 5.6 8.5 6.9 7.2 6.7 6.5 5.0 E -0.3 E (less) Net tourist spending 13.5 10.7 16.3 7.5 10.7 3.5 6.6-2.2-4.2 PCI 2.6 1.8 3.3 3.6 2.9 4.4 3.7 4.7 0.4 Sources: The Nielsen Company, Revenue Department, Department of Tourism, Ministry of Energy, NSO, OAE P = Preliminary E = Estimated Service Index sa, 3mma Non-resident spending Index sa, 3mma (RHS) = 1 1
3 P = Preliminary Data (%YoY) Farm Income H1 H2 H1 Q1 Q2 Jun Nominal farm income P 2.9 15.8-7.7 1.9-2.3 6.5 3.3 6.5 Agricultural production P 5.8 10.9 2.1 12.2 11.3 13.2 7.1 7.4 Agricultural price -2.8 4.4-9.6-9.2-12.3-5.9-3.5-0.9 %YoY 40 30 20 10 0-10 -20 Contribution to Growth: Farm Income Apr Oct Paddy rice Sugarcane Cassava Rubber Fruit Oil palm Livestock Shrimp Others Total Farm Income Sources: UTCC, NSO, OAE, National ITMX Bulk Payment, calculated by BOT Apr 6.5 Index = 1 Diffusion Index, sa (Unchanged = ) 50 40 Farm Income sa Farm Income sa, 3mma Consumer Confidence Index Real Income Transfer of salary through Financial Institutions (Baht/person)* Total Non-Farm Income sa, 3mma Note : * 1) Calculated from retail funds transfer transactions obtained from the National ITMX and BOT s payment systems data as the value of total salary tranfered divided by volume of salary transfer. 2) y figures were estimated by the BOT Total Current Next 6 months Average 5 years = 76.0
4 (%YoY) Manufacturing Production Index (MPI) Share 2011 H1 H2 H1 Q1 Q2 Jun P %MoM sa Food & Beverages 20.2 3.6 2.2 5.1 2.8 2.3 3.5 4.9-1.6-0.6 Automotive 16.9 3.6-3.3 10.8 10.6 11.3 10.0 10.1 12.0 1.3 - Passenger Cars 3.4 1.8 1.2 2.4 6.4 7.7 5.1 2.7 14.0 4.4 - Commercial Vehicles 6.3 1.1-7.8 10.8 12.3 12.4 12.2 13.5 16.5 1.5 - Engine 6.3 7.0-3.5 18.8 14.8 14.3 15.3 16.1 9.4-1.2 Rubbers & Plastics 10.0 7.1 0.8 13.8-2.5-1.7-3.3 3.1 5.8 0.9 Chemicals 8.2 2.4-0.8 5.7 8.4 8.9 8.0 6.8 7.6 0.0 IC & Semiconductors 7.5 5.5 8.7 2.5 3.3 2.7 3.8 4.2 9.2 1.4 Textiles & Apparels 5.5-5.1-2.9-7.4-6.2-5.7-6.8-6.9 1.1 1.4 Cement & Construction 4.7-1.7-1.7-1.7 3.0 1.4 4.6 7.5 7.3-1.2 Electrical Appliances 4.1-6.9-4.6-9.7-0.2 0.8-1.2 7.1 3.9-3.4 HDD 3.2 14.0 14.2 13.9 13.4 10.2 16.6 12.3 8.6-6.3 Petroleum 3.1 5.0 3.7 6.1 11.7 20.6 3.9 2.7 14.2 5.9 Others 16.5-0.1 0.4-0.5-0.5-0.9 0.0 0.7-5.0-5.7 MPI.0 2.5 0.5 4.7 3.9 4.1 3.7 5.0 4.6-0.5 MPI sa % from last period.0-0.8 3.4 0.6 0.3 0.7 2.0-0.5 - Capacity Utilization (SA) - 67.1 66.1 68.1 68.6 68.2 69.1.1 69.6 - Note: the new MPI series as adjusted by the OIE (coverage and base year at 2011) P = Preliminary data Sources: NSO, OIE, Customs Department and seasonally adjusted by BOT Index sa ( = ) 115 85 Index sa ( = ) 115 85 Note: Calculated and Classified by the BOT Industrial Electricity Consumption* Quantity of Imported Raw Materials Index of Work Hours in Manufacturing (3mma) MPI Classified by Export Share Export<30% 30%<Export<% Export>% Other Indicators of Manufacturing Production * The latest month was estimated by the BOT
-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18-18 5 Index sa ( = ) Bn baht 200 150 50 0-50 Investment in Machinery and Equipment Real Imports of Capital Goods Domestic Machinery Sales Car Registered for Investment Sources of Corporate Financing Business Credits (SA) Debt Equity 3MMA Note: Business credits and debt refer to change in outstanding (par); equity refers to new issuance at par value. Index sa ( =) 1,000 m 2 9mma 7,000 6,500 6,000 5,500 5,000 4,500 4,000 Sources: Bank of Thailand, ThaiBMA, SET, Business Sentiment Survey by BOT, NSO, OIE, calculated by BOT P = Preliminary data E = Estimated data % YoY Investment in Construction Construction Materials Index Permitted Construction Area (RHS) H1 H2 H1 Q1 Q2 Jun P %MoM sa Permitted Construction Area (9mma) -0.8-1.9 0.3 0.7 1.3 0.0-2.9-2.7 E -0.7 E Construction Materials Index -0.9-1.8 0.0-0.7-1.8 0.5-0.9 8.7 2.8 Real Imports of Capital Goods 2.8 1.5 4.0 5.3 4.0 6.6 8.8-2.5-6.5 Real Domestic Machinery Sales 1.0 0.9 1.2 6.3 3.1 9.6 8.7 8.1 E -2.0 E Newly Registered Motor Vehicles for Investment Private Investment Indicators 5.7 2.8 9.0 4.9 3.0 6.8 5.3 13.8-0.5 PII 1.5 0.7 2.2 3.8 2.2 5.3 5.1 2.7-5.4 Capacity Utilization (SA) 67.1 66.1 68.1 68.6 68.2 69.1.1 69.6 -
Sources: Comptroller General s Department, Fiscal Policy Office 6 Central Government Current Expenditure Billion baht (Ex. Subsidies/Grants and Other) 1 1 50 40 30 20 10 0 5.5% avg. FY-17 FY FY Oct Dec Feb Apr Jun Aug Central Government Capital Expenditure Billion baht (Ex. Subsidies/Grants and Other) 8.2% avg. FY-17 FY FY Oct Dec Feb Apr Jun Aug Billion Baht Fiscal Position (Cash basis) FY FY FY P FY P Q3 Q4 Q1 Q2 Q3 Jun Revenue 2,412 2,354 697 617 545 537 7 347 181 (%YoY) (9.3) (-2.4) (-6.9) (2.3) (-0.8) (9.5) (9.0) (8.5) (11.5) Expenditure 1/ 2,736 2,795 641 593 945 599 731 299 203 (%YoY) (9.0) (2.2) (-1.3) (7.5) (2.2) (-5.8) (14.0) (33.1) (-8.8) Budgetary B/L -324-441 56 24-400 -62 30 47-21 Non-Budgetary B/L -58 35 19 43-31 21 51 38-6 Cash B/L (CG) -382-406 76 68-431 -41 81 85-27 Net Financing 397 489 68 171 88 123 83 25 5 Treasury B/L 441 524 285 524 181 263 427 427 405 Note: P = Preliminary data 1/ Includes cash payments for operating and purchase of non-financial assets, except loan repayments
7 H1 H2 H1 Q1 Q2 Jun P YTD No. of tourists ( 000) 35,381 17,324 18,058 19,482 10,9 8,873 3,025 3,176 22,658 %YoY 8.8 4.9 12.8 12.5 15.4 9.1 11.6 2.8 11.0 %QoQsa, %MoMsa - - - - 4.7 0.9 7.4-8.0 - Index sa ( = ) 350 300 250 Tourists Classified by Nationality Total China (share 28%) Malaysia (share 9%) Asia ex. CN MY (share 30%) Europe ex. Russia (share 15%) Russia (share 4%) 200 150 50 0 Sources: Ministry of Tourism and Sports, Calculated by Bank of Thailand P = Preliminary data
8 Jun = 18.9 Bn USD Ex. Gold = 18.3 Bn USD %YoY Source: Compiled from Customs Department s data = 19.4 Bn USD Ex. Gold = 18.3 Bn USD P P Share P P H1 H2 H1 Q1 Q2 Jun P = Preliminary data %MoM sa Consumer 10.3 7.5 4.7 10.2 16.4 20.3 12.7 7.5 8.3-4.0 Raw mat & Interm 53.3 15.7 16.9 14.5 20.4 19.5 21.2 20.4 22.9 1.7 o/w Fuel 13.1 26.1 27.6 24.7 40.6 29.6 51.6 62.5 67.8 15.3 o/w Raw mat & Interm ex. Fuel Import Value 40.2 12.6 14.0 11.4 14.0 16.2 12.0 9.2 9.1-3.8 Capital 25.4 8.5 10.0 7.1 5.4 6.7 4.2 4.7-6.5-5.9 Others 11.1 27.9 22.0 32.9 15.1 25.9 4.3-16.9-3.1 29.3 Total (BOP basis).0 13.2 13.4 12.9 17.3 17.9 16.8 12.9 12.4 2.0 Ex. Gold - 10.7 11.0 10.5 17.8 17.7 17.9 16.1 15.3-1.2 Ex. Gold&Fuel - 8.3 8.5 8.2 13.8 15.5 12.2 9.1 6.4-4.7 Note: Data above are recorded by custom basis, except total import value which is recorded by BOP basis. Custom basis considers recording as goods pass through Customs, while BOP basis considers changes in ownership between residents and non-residents. Index sa, 3mma ( =) Import Value Index Total imports Raw materials ex. fuel* Capital goods Consumer goods Fuel 40 * Regrouping to include vehicle parts, which appear in others in the accompanying table. Index sa, 3mma ( =) Value Quantity Price
9 % Unemployment rate (sa) Employed persons (%YoY) Underemployment rate %YoY 3 2 1 0-1 Labor Market Indicators H1 H2 H1 Q1 Q2 Jun 1.2 1.2 1.2 1.2 1.2 (1.2) Source: Labor Force Survey (NSO), calculated by BOT 1.1 (1.0) 1.1 (1.1) 1.0 (1.0) -0.6-0.1-1.1 0.4-0.2 0.9 0.1 1.7 0.8 0.9 0.7 0.8 0.9 0.7 0.6 0.8 Headline inflation contribution Raw food (15.69%) Energy (11.75%) Core (72.56%) -2 Sources: NSO and Ministry of Commerce calculated by BOT 1.46% Thousand persons sa, 3mma 28,000 27,000 26,000 25,000 24,000 23,000 %YoY 3 2 1 0 Employment Non-Agriculture (sa, 3mma) Non-Agriculture (sa) Agriculture (sa, 3mma) (RHS) Agriculture (sa) (RHS) Rent (19.62%) Food & Beverage (28.17%) Non-Food & Beverage ex. Rent (52.21%) Thousand persons sa, 3mma 15,000 Core inflation contribution 14,000 13,000 12,000 11,000 10,000 0.79%
Source: Bank of Thailand P = Preliminary data E = Estimated data 10 Balance of Payments P P Billion USD P H1 H2 H1 Q1 Q2 Jun E YTD Trade Balance 34.2 16.6 17.6 12.4 6.6 5.8 2.9 0.9 13.3 Exports (f.o.b.) 235.3 112.3 122.9 124.8 61.8 63.0 21.8 20.3 145.1 %YoY 9.8 7.3 12.2 11.1 9.9 12.3 10.0 8.3 10.7 Imports (f.o.b.) 201.1 95.8 105.3 112.4 55.2 57.2 18.9 19.4 131.8 %YoY 13.2 13.4 12.9 17.3 17.9 16.8 12.9 12.4 16.6 Net Services, Income & Transfers 16.9 7.7 9.2 8.9 8.3 0.6 1.2 0.2 9.2 Current Account 51.1 24.2 26.8 21.4 15.0 6.4 4.1 1.1 22.5 Capital and Financial Account -19.2-12.8-6.5-10.5-3.4-7.1-7.0-0.7-11.2 Overall Balance 26.0 10.2 15.8 7.6 12.0-4.3-5.3-0.9 6.7
Source: Bank of Thailand P = Preliminary data E = Estimated data 11 Net Financial Flows Millions of USD P P P H1 H2 H1 Q1 Q2 Jun E YTD 1. Assets -36,039-20,273-15,766-8,454-5,003-3,450-4,9-147 -8,1 TDI -20,292-9,016-11,276-7,088-4,753-2,335-9 -536-7,624 - Equity -9,582-2,788-6,794-2,366-1,821-545 -51-507 -2,873 Thai Portfolio investment -11,968-6,493-5,475 2-1,363 1,364 788 168 1 - Equity security investment -7,784-3,656-4,128-3,4-2,925-679 -822 233-3,371 - Debt security investment -4,184-2,837-1,347 3,6 1,563 2,043 1,610-66 3,540 Loans -1,007-567 -440-1,186-28 -1,158-637 -162-1,348 Other Investments -2,771-4,196 1,425-181 1, -1,321-4,122 383 202 - Trade credits -5,093-798 -4,295-2,357-1,501-856 -521-425 -2,782 2. Liabilities 16,933 7,516 9,417-1,399 2,230-3,628-2,035-558 -1,957 FDI 7,944 3,999 3,945 7,495 4,1 2,894 845 764 8,2 - Equity 4,827 1,891 2,935 3,128 1,449 1,679 612 865 3,993 Foreign Portfolio investment 9,401 3,8 5,593-6,053-884 -5,169-1,949-898 -6,951 - Equity security investment 598 630-32 -4,628-696 -3,932-1,621-322 -4,949 - Debt security investment 8,2 3,178 5,624-1,426-188 -1,237-327 -576-2,001 Loans 5,106 1,446 3,659-1,624-1,7 83-407 192-1,432 Other Investments -5,518-1,738-3,7-1,217 219-1,436-525 -617-1,834 - Trade credits -1,750-71 -1,679-330 92-422 -76-3 -710 Total Financial Flows (1+2) -19,106-12,757-6,349-9,853-2,774-7,079-6,995-5 -10,558
Sources: Bank of Thailand, Reuters and Bloomberg 4--16 27--16 18-Aug-16 8-Sep-16 29-Sep-16 20-Oct-16 11-Nov-16 2-Dec-16 27-Dec-16 19--17 9-Feb-17 3-Mar-17 24-Mar-17 19-Apr-17 12-May-17 2-Jun-17 23-Jun-17 17--17 8-Aug-17 30-Aug-17 20-Sep-17 11-Oct-17 6-Nov-17 27-Nov-17 20-Dec-17 12--18 2-Feb-18 23-Feb-18 19-Mar-18 10-Apr-18 4-May-18 25-May-18 18-Jun-18 9--18 1-Aug-18 23-Aug-18 2010 2011 2012 2013 Q18 Q2 Jun-18-18 12 5% 4% 3% 2% -1% 0% 1% -2% -3% -4% Exchange Rate Movement end of compared to end of Jun 23 Aug compared to end of % p.a. 10% 0% (Positive values denote currency appreciation compared to USD) CNY JPY TWD IDR MYR KRW THB INR GBP SGD PHP EUR Index ( = ) Times NEER REER USDTHB 6 Aug 112.3 5 104.0 4 Aug 3 99.4 Aug 2 (Average data THB Appreciation until 23 Aug ) 1 0 8% 6% 4% 2% Exchange Rate Volatility (vis-à-vis USD) Reserves/Short-term Debt Latest data 23 Aug E 3.5