Thailand Leading Economic Index

Leading Economic Index in Thailand decreased to 155.57 Index Points in April from 157.14 Index Points in March of 2016. Leading Economic Index in Thailand averaged 114.70 Index Points from 1993 until 2016, reaching an all time high of 157.17 Index Points in January of 2016 and a record low of 85.55 Index Points in March of 1993. Leading Economic Index in Thailand is reported by the Bank of Thailand. In Thailand, the Leading Economic Index is a complimentary tool in the assessment of the economic trend and short-term economic forecasting. It is especially useful in the determination of the turning points or the peaks and troughs of business cycles as well as the short–term (3 – 4 months) forecast of the economy. Leading Economic Index is constructed from seven components including: authorized capital of newly registered companies, new construction area permitted, real exports, number of foreign tourists, SET index, real broad money, oil price inverse index (Oman). The index has a base value of 100 as of 2000. This page provides – Thailand Leading Composite Index – actual values, historical data, forecast, chart, statistics, economic calendar and news.