根据泰国工业联合会（FTI）的数据，2024年11月，泰国汽车销量同比下降31.34%，至42309辆，而前一个月下降了36%。这标志着连续第18个月下降，原因是家庭债务激增，包括汽车坏账和贷款大幅收紧。10月，FTI再次将2024年的国内销售目标从早先估计的55万辆下调至45万辆。与此同时，11月汽车总产量同比下降28.2%，至117251辆。今年前11个月，汽车产量与2023年同期相比下降了20.1%，至136万辆。上个月，FTI将2024年的汽车产量预测从早先估计的170万辆下调至150万辆，这是自2021年以来的最低目标。2023年，泰国生产了184万辆汽车。

Car sales in Thailand plunged 31.34% year-on-year to 42,309 units in November 2024, following a 36% slump in the previous month, according to the Federation of Thai Industries (FTI). This marked the eighteenth consecutive month of decline, due to a surge in household debt, including bad car debt and significant tightening of loans. In October, the FTI once again revised its domestic sales target for 2024 to 450,000 units, down from an earlier estimate of 550,00 units. Meanwhile, total car production slumped 28.2% year-on-year to 117,251 units in November. For the first eleven months of the year, car production plunged 20.1% to 1.36 million units compared with the same period in 2023. Last month, the FTI lowered its car production forecast for 2024 to 1.5 million vehicles, from the earlier estimate of 1.7 million vehicles, marking the lowest target seen since 2021. In 2023, Thailand produced 1.84 million vehicles.

泰国10年期政府债券收益率降至2.23%的32个月低点。过去4周，泰国10年期债券收益率下跌19.30个基点，过去12个月下跌48.80个基点。

Thailand 10 Year Government Bond Yield decreased to a 32-month low of 2.23%. Over the past 4 weeks, Thailand 10Y Bond Yield lost 19.30 basis points, and in the last 12 months, it decreased 48.80 basis points.

正如普遍预期的那样，泰国央行在10月份意外下调25个基点后，在2024年的最后一次会议上将关键利率保持在2.25%。这一决定是在通货膨胀和GDP增长加速以及维护长期宏观金融稳定的情况下做出的。今年大部分时间，通货膨胀率仍低于央行的目标，但在11月升至0.95%的六个月高点，接近其1-3%的下限目标范围。与此同时，在政府支出和固定投资的推动下，2024年第三季度经济增长了3%，这是自2022年第三季以来最强劲的年度增长。泰国经济预计在2024年和2025年分别增长2.7%和2.9%，这得益于旅游业、国内需求和电子产品出口的改善。然而，复苏仍然不平衡，出口和包括中小企业在内的某些工业部门在竞争力下降的情况下面临压力。与此同时，2024年和2025年的整体通胀率估计分别为0.4%和1.1%。

The Bank of Thailand kept its key interest rate at 2.25% during its final meeting of 2024 after a surprise 25 bps reduction in October, as widely expected. The decision came amid an acceleration in inflation and GDP growth and safeguarding long-term macro-financial stability. Inflation remained below the central bank's target for most of this year but rose to a six-month high of 0.95% in November, edging closer to its lower-end target range of 1-3%. Meanwhile, the economy grew 3% in Q3 of 2024, the strongest yearly growth since Q3 of 2022, driven by government spending and fixed investment. The Thai economy is expected to grow by 2.7% in 2024 and 2.9% in 2025, each boosted by tourism, domestic demand, and improved exports of electronic products. However, recovery remains uneven, with exports and certain industrial sectors, including SMEs, facing pressures amid declining competitiveness. Meanwhile, headline inflation in 2024 and 2025 is estimated to be 0.4% and 1.1%, respectively.

泰国商会大学的消费者信心指数从上个月的56上升到2024年11月的56.9。这标志着连续第二个改善期，也是四个月来的最高读数，这得益于政府的经济举措和旅游业的推动。最新数据也与泰国国内生产总值的改善相一致，第三季度每年增长3%，是两年来最强劲的经济增长，高于市场预测的2.6%。然而，由于家庭债务高企和贷款规则收紧，对经济贡献最大的私人消费进一步减弱。与此同时，11月通胀率攀升至0.95%，低于1.12%的预测，超出了央行1%-3%的目标范围。

The University of the Thai Chamber of Commerce’s consumer confidence index rose to 56.9 in November 2024, up from 56 in the previous month. This marked the second consecutive period of improvement and the highest reading in four months, supported by government economic initiatives and a boost in tourism. The latest reading was also in line with the improvement in Thailand’s GDP, expanding 3% annually in Q3, the strongest economic growth in two years, and above market forecasts of 2.6%. However, private consumption, the largest contributor to the economy, weakened further due to high household debt and tight lending rules. Meanwhile, inflation climbed to 0.95% in November, below the 1.12% forecast and outside the central bank’s 1%-3% target range.