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Thailand’s Economy Shows Mixed Signals in May 2025: Export Growth vs. Tourism Slowdown
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Bangkok,Thailand – Thailand’s economy presented a mixed picture in May 2025,with robust export growth offset by a decline in foreign tourism,according to the Fiscal policy Office.while exports continued their expansion for the eleventh consecutive month, the tourism sector experienced a notable slowdown, highlighting the need for careful monitoring of both domestic and international economic factors.
Key Economic Indicators for May 2025
Mr. Pornchai Thirawet, Director of the Fiscal Policy Office, emphasized the importance of closely monitoring the economic landscape, both domestically and internationally, to effectively navigate potential impacts on the Thai economy. The latest data reveals a complex interplay of positive and negative trends across various sectors.
Private Consumption: A Tale of Two Sectors
Private consumption indicators sent mixed signals in May 2025. New motorcycle registrations saw a decrease of 1.2% year-over-year and a seasonally adjusted decrease of 7.0