标准普尔全球泰国制造业采购经理人指数从6月份的51.7升至2025年7月的51.9。这标志着连续第三个月的扩张，也是近一年来经营状况的最大改善。这反映了生产活动和商业状况的增长势头。在客户兴趣上升和出口需求增强的支撑下，新订单以今年迄今为止最快的速度增长。作为回应，制造商加大了生产和采购活动，导致投入库存增加。就业水平在6月份停滞后也有所回升，有助于减少积压。与此同时，由于供应商折扣和批量购买，投入成本略有下降，产出价格通胀接近中性。然而，由于出口货物，成品库存再次下降。商业信心升至11个月高点，由于营销努力和扩张计划，企业对未来产量持乐观态度。

The S&P Global Thailand Manufacturing PMI rose to 51.9 in July 2025 from 51.7 in June. This marked the third consecutive month of expansion and the sharpest improvement in operating conditions in nearly a year. This reflected growing momentum in production activity and business conditions. New orders grew at the fastest pace so far this year, supported by rising client interest and stronger export demand. In response, manufacturers ramped up production and purchasing activity, leading to higher input inventories. Employment levels also picked up after stalling in June, helping reduce backlogs. Meanwhile, output price inflation eased close to neutral as input costs fell slightly, thanks to supplier discounts and bulk buying. However, stocks of finished goods dipped again amid outbound shipments. Business confidence improved to an 11-month high, with firms optimistic about future output due to marketing efforts and expansion plans.

2025年5月，泰国零售额同比增长26.1%，低于上个月的41.9%。非耐用品（1.7%对4月份的3.8%）和其他商品（57.1%对89.3%）的销售额增长放缓。与此同时，耐用品（-2.1%对0.6%）、机动车和汽车燃料（-1.2%对0.7%）的销售额下降。与此同时，百货公司、超市和杂货店的销售额进一步增长（21.7%对14%）。按月计算，5月份零售活动下降11.7%，扭转了4月份19.3%的增长。

Retail sales in Thailand rose by 26.1% year-on-year in May 2025, slowing from a 41.9% growth in the previous month. Sales increased at a softer pace for non-durable goods (1.7% vs 3.8% in April) and other goods (57.1% vs 89.3%). At the same time, sales declined for durable goods (-2.1% vs 0.6%) and motor vehicles and automotive fuel (-1.2% vs 0.7%). Meanwhile, sales in department stores, supermarkets and general stores rose further (21.7% vs 14%). On a monthly basis, retail activity dropped by 11.7% in May, reversing a 19.3% gain in April.

2025年6月，泰国的经常账户盈余为24亿美元，比去年同期的17亿美元有所扩大。这一增长主要是由于贸易平衡的增加，从一年前的24亿美元增长到33亿美元，出口增长16.1%，而进口增长缓慢，为13.8%。与此同时，服务业、初级收入和二级收入的净赤字从去年6月的8亿美元扩大到9亿美元。

Thailand’s current account recorded a surplus of USD 2.4 billion in June 2025, widening from USD 1.7 billion in the same month of the previous year. The increase was mainly driven by a higher trade balance, which grew to USD 3.3 billion from USD 2.4 billion a year ago, with exports rising 16.1%, while imports increasing at a softer pace of 13.8%. Meanwhile, net deficit in services, primary income, and secondary income expanded to USD 0.9 billion from USD 0.8 billion in June last year.

2025年6月，泰国私人投资环比增长0.7%，从前一个月0.6%的下降反弹。复苏是由机械和设备投资的增加推动的，这得益于国内机械销售的增加和电气设备产量的增加。汽车投资保持稳定，因为船舶进口增加和皮卡登记增加抵消了乘用车和卡车登记的下降。与此同时，建设投资基本保持不变。非住宅建筑在所有组成部分都有所增加，特别是在允许工厂建设的地区，而住宅建筑则有所减弱，这反映在单栋房屋和联排别墅的允许面积减少上。

Private investment in Thailand rose by 0.7% month-on-month in June 2025, rebounding from a 0.6% decline in the previous month. The recovery was driven by a pickup in machinery and equipment investment, supported by higher domestic machinery sales and increased production of electrical equipment. Vehicle investment remained stable, as stronger imports of ships and increased registrations of pickup trucks offset declines in passenger car and truck registrations. Meanwhile, construction investment was broadly unchanged. Non-residential construction rose across all components, particularly in areas permitted for factory construction, while residential construction weakened, as reflected by a decline in permitted areas for single houses and townhouses.