2025年7月，泰国私人投资环比下降0.4%，扭转了前一个月0.7%的增长。经济下滑的主要原因是机械设备投资疲软。资本货物进口下降，尤其是计算机、办公设备和专用机械等类别，尽管国内机械销售保持稳定。此外，汽车投资总体保持稳定，乘用车和卡车注册量的增加抵消了前一个月激增的船舶进口量的下降。与此同时，在住宅和非住宅开发的支持下，建筑投资出现增长，特别是在批准用于酒店和独立式住宅项目的地区。

Private investment in Thailand declined by 0.4% month-on-month in July 2025, reversing a 0.7% increase in the previous month. The downturn was mainly attributable to weaker investment in machinery and equipment. Imports of capital goods fell, particularly in categories such as computers, office equipment, and specialized machinery, although domestic sales of machinery held steady. In addition, investment in vehicles remained broadly stable, as a rise in registrations of passenger cars and trucks offset a drop in ship imports, which had surged in the preceding month. Meanwhile, construction investment posted growth, supported by both residential and non-residential developments—particularly in zones approved for hotel and single-detached housing projects.

2025年7月，泰国经常账户盈余22亿美元，高于去年同期的2亿美元赤字。这一改善主要归因于贸易平衡的增强，从一年前的11亿美元增加了一倍多，达到25亿美元，出口增长了9.7%，而进口增长速度较慢，为4.5%。此外，服务业、初级收入和二级收入的赤字从2024年7月的11亿美元显著收窄至3亿美元，为整体平衡提供了进一步支持。

Thailand's current account posted a surplus of USD 2.2 billion in July 2025, swinging from a USD 0.2 billion deficit in the same month last year. The improvement was largely attributed to a stronger trade balance, which more than doubled to USD 2.5 billion from USD 1.1 billion a year earlier, as exports grew by 9.7% while imports increased at a slower pace of 4.5%. In addition, the deficit in services, primary income, and secondary income narrowed notably to USD 0.3 billion from USD 1.1 billion in July 2024, providing further support to the overall balance.

2025年7月，泰国私人消费环比下降0.2%，较上月0.3%的收缩略有缓解。耐用品支出增加，特别是乘用车、皮卡和摩托车。与此同时，在纺织品和服装需求增加的推动下，半耐用品的消费有所增加。另一方面，非耐用品和服务的消费下降，反映出国内和国际游客的旅游相关收入减弱。与此同时，由于持续的政治不确定性、全球贸易紧张局势、经济复苏步伐缓慢以及泰柬边境持续紧张局势，消费者信心仍然低迷。

Private consumption in Thailand declined by 0.2% month-over-month in July 2025, slightly easing from a 0.3% contraction in the previous month. Spending rose on durable goods, particularly passenger cars, pickup trucks, and motorcycles. At the same time, consumption increased in semi-durable goods, driven by higher demand for textiles and apparel. On the other hand, consumption of non-durable goods and services fell, reflecting weaker tourism-related receipts from both domestic and international visitors. Meanwhile, consumer confidence remained subdued due to ongoing political uncertainty, global trade tensions, the sluggish pace of economic recovery, and continued tensions along the Thai-Cambodian border.

继上个月增长26.1%之后，泰国零售额在2025年6月同比增长30.5%。非耐用品的销售额增长速度要快得多（5月份为5.6%，而5月份为1.9%），尤其是药品和医疗用品、化妆品和专卖店的劳保用品。与此同时，耐用品的销售额下降幅度较小（-1.3%对-1.8%）。按月度计算，2025年6月零售活动下降了3.4%，与上月11.5%的下降相比明显放缓。

Retail sales in Thailand jumped by 30.5% year-on-year in June 2025, following a 26.1% growth in the previous month. Sales increased at a much faster pace for non-durable goods (5.6% vs 1.9% in May), particularly in pharmaceutical and medical goods, cosmetic and toile articles in specialized stores. At the same time, sales declined less for durable goods (-1.3% vs -1.8%). On a monthly basis, retail activity fell by 3.4% in June 2025, notably moderating from an 11.5% drop in the preceding month.