Economic Conditions
Press Release on Economic and Monetary Conditions

Dr.Chayawadee Chai-anant, Senior Director, Monetary Policy Group, Overall economic activities In November 2020, the Thai economy continued to recover but remained uneven. Many economic indicators recording positive growth were partly due to the low base effect last year. Private consumption indicators turned to expand as a result of government stimulus measures and special long holidays. Private investment indicators became expanded from investment in machinery and equipment. Public spending expanded from both current and capital expenditures. Meanwhile, merchandise exports value contracted at a softer rate, following the gradual recovery in trading partners’demand. However, the tourism sector persistently experienced a severe contraction due to travel restrictions on foreign tourist arrivals.     

Business Outlook Report
To enhance the economic forecasting efficiency and assist the MPC in making appropriate monetary policy decisions by providing some insights and useful information which cannot be captured by the econometric model, which is inevitably subjects to the theoretical constraints and structural model of quantitative analysis.  Therefore, the Bank of Thailand has set up the Economic/Business Information Exchange Program as one channel for exchanging information and building better understanding about Thailand's economic conditions, both at macro and micro level, with private sector.
Credit Conditions Report
The Bank of Thailand conducts a quarterly credit condition survey to review opinions of senior loan officers from financial institutions, credit card and personal loan companies under supervision (Non-banks).  It helps the Bank to be more efficiently and effectively in understanding and analysing developments of credit conditions.  The Bank has been exploring how the surveys are conducted in the light of other central banks' experience.