Core Insights - Uzbekistan's international reserves reached a record high of $54.99 billion as of October 1, marking the highest level since records began in 2013 [1] - Since the beginning of 2025, Uzbekistan's international reserves have increased by $13.8 billion, representing a growth of 33.5% [1] Reserve Composition - Gold reserves decreased by 680,000 ounces (21.15 tons), but the value of gold reserves increased by $4.17 billion due to rising global gold prices, reaching $44.24 billion, which accounts for 80.4% of total reserves [1] - Foreign exchange reserves increased by $736 million, totaling $10.18 billion [1] - Securities reserves rose by $3.5 million, reaching $1.02 billion [1]

Economic Performance - Thailand's economy remains weak as of August, with private consumption slowing down and agricultural income decreasing by 10.8% year-on-year [1] - The consumer confidence index dropped from 51.7 to 50.1, indicating concerns over high living costs and geopolitical tensions [1] - Private investment in the capital goods sector saw a year-on-year increase of 23.6%, while new commercial vehicle registrations fell by 10.5% [1] Export and Tourism - August exports reached $27.7 billion, a 5.8% increase year-on-year, marking the 14th consecutive month of growth [1] - The number of foreign tourists visiting Thailand decreased by 12.8% year-on-year, while domestic tourism increased by 6.4% with 22.4 million Thai citizens traveling domestically [1] Industrial and Inflation Indicators - The industrial sentiment index slightly declined from 86.6 to 86.4 due to border conflicts and uncertainties related to U.S. tariff policies [1] - The purchasing managers' index rose to 52.7, reflecting an increase in new orders [1] Economic Stability - Overall economic stability remains good, with an inflation rate of -0.79% and a core inflation rate of 0.81% in August [2] - Public debt as a percentage of GDP stood at 64.5% as of July, compliant with fiscal discipline requirements [2] - International reserves reached $267.4 billion by the end of August, indicating strong external stability [2]

Core Insights - As of September 1, Uzbekistan's international reserves reached $50.08 billion, an increase of $1.34 billion, representing a growth rate of 2.76% [1] Group 1: International Reserves - The total international reserves of Uzbekistan are $50.08 billion, with a month-on-month increase of $1.34 billion [1] - Gold reserves amount to $40.06 billion, having increased by $1.38 billion, marking the second consecutive month of record highs [1] - International securities reserves stand at $1.016 billion [1] Group 2: Foreign Exchange Reserves - Foreign exchange reserves decreased by $49.3 million, slightly below $8.5 billion [1] - The foreign exchange reserves include deposits in other central banks and the International Monetary Fund (IMF) totaling $910 million and deposits in foreign commercial banks amounting to $7.52 billion [1]

Core Insights - As of August this year, Georgia's international reserves reached $5.2 billion, with gold accounting for 15.1% (approximately $786.9 million) [1] - The National Bank of Georgia considers international reserves a crucial tool for stabilizing the country's macroeconomic environment [1] - From January to July this year, Georgia net purchased $1.3 billion in foreign currency, with monthly net purchases showing a consistent upward trend [1] Monthly Net Purchases - In March, the net purchase was $101.7 million [1] - In April, the net purchase increased to $266.4 million [1] - In May, the net purchase was $245.4 million [1] - In June, the net purchase reached $266.0 million [1] - In July, the net purchase further increased to $416.9 million [1]

Core Insights - As of July 2025, Kyrgyzstan's international reserves reached $6.617 billion, marking an increase of $109 million from the previous month [1] - The reserves have grown by 30% compared to the beginning of the year when they stood at $5.008 billion [1] - Year-over-year, the reserves have increased by approximately 66% from $3.987 billion [1]

Core Insights - Uzbekistan's international reserves reached $48.74 billion by the end of July, marking an increase of $194 million or 0.4% compared to June [1] Group 1: International Reserves Breakdown - Gold reserves hit a record high of $38.68 billion [1] - International securities reserves grew to $1.01 billion, reflecting a significant increase of 42.7% [1] - Foreign exchange reserves decreased to $8.48 billion, which includes $1.05 billion in deposits with other central banks and the International Monetary Fund (IMF), as well as $7.42 billion in deposits with foreign commercial banks [1]

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - In July 2025, the national consumer price index (CPI) was flat year - on - year. Food prices decreased by 1.6%, non - food prices increased by 0.3%, consumer goods prices decreased by 0.4%, and service prices increased by 0.5%. From January to July, the average CPI decreased by 0.1% compared with the same period last year [5][51]. - In July 2025, the producer price index for industrial products (PPI) decreased by 3.6% year - on - year, and the purchasing price index for industrial producers decreased by 4.5%. From January to July, the average PPI decreased by 2.9% compared with the same period last year, and the purchasing price index for industrial producers decreased by 3.2% [5][58]. - As of the end of July 2025, China's gold reserves were 73.96 million ounces, an increase of 60,000 ounces from the end of June 2025, increasing for 9 consecutive months. It is expected that the central bank will continue to increase its gold holdings [6]. - As of the end of July 2025, China's foreign exchange reserves were $3.2922 trillion, a decrease of $25.2 billion or 0.76% from the end of June, remaining above $3.2 trillion for 20 consecutive months [6]. - In the first 7 months of this year, China's goods trade showed an upward trend. The total value of imports and exports was 25.7 trillion yuan, a year - on - year increase of 3.5%, and the growth rate was 0.6 percentage points faster than that in the first half of the year [6]. - In July 2025, the manufacturing purchasing managers' index (PMI) was 49.3%, down 0.4 percentage points from the previous month. The manufacturing industry's prosperity level declined seasonally and generally remained in a downward trend [6]. 3. Summary According to Relevant Catalogs National Economic Accounting - GDP quarterly year - on - year growth rates from Q1 2023 to Q2 2025 are presented. Different industries such as agriculture, forestry, animal husbandry and fishery, industry, construction, and services have their respective growth rate trends [8]. - The contribution rates of different industries to GDP growth from Q1 2023 to Q2 2025 are shown, including agriculture, forestry, animal husbandry and fishery, industry, construction, and various service - related industries [13]. Industry Industrial Growth Rate - The year - on - year growth rates of added value of major industries from May to June in the past two years are provided, including coal mining and washing, oil and gas extraction, and manufacturing industries [22]. Major Industrial Output - The output data of major industrial products from June 2024 to June 2025 are listed, including energy products, industrial raw materials, and finished products [24]. Industry Electricity Consumption - The year - on - year growth rates of electricity consumption of major industries from March 2024 to May 2025 are given, including agriculture, forestry, animal husbandry and fishery, mining, and manufacturing [33]. Industrial Enterprise Profits - From January to June 2025, the total profit of large - scale industrial enterprises was 3.4365 trillion yuan, a year - on - year decrease of 1.8%. The main industry profit situations vary, with some industries showing growth and others decline [36]. - From January to June 2025, the mining industry's profit was 429.41 billion yuan, a year - on - year decrease of 30.3%; the manufacturing industry's profit was 2.59006 trillion yuan, a year - on - year increase of 4.5%; the electricity, heat, gas and water production and supply industry's profit was 417.04 billion yuan, a year - on - year increase of 3.3% [41]. Industrial Enterprise Inventory - As of the end of May 2025, the finished product inventory of large - scale industrial enterprises was 6.65 trillion yuan, a year - on - year increase of 3.5%. The overall inventory is in a stage from passive replenishment to passive destocking [46]. Price Index CPI - In July 2025, the CPI was flat year - on - year. Food prices decreased, while non - food prices increased. The average CPI from January to July decreased by 0.1% compared with the same period last year [51]. - The year - on - year and month - on - month data of CPI sub - items from July 2024 to July 2025 are presented, including food, clothing, housing, and other categories [52]. PPI - In July 2025, the PPI decreased by 3.6% year - on - year, and the purchasing price index for industrial producers decreased by 4.5%. The average PPI from January to July decreased by 2.9% compared with the same period last year [58]. - The year - on - year data of PPI for major industries from July 2024 to July 2025 are provided, including production materials, living materials, and various mining and manufacturing industries [58][61]. - The year - on - year data of industrial producer purchasing prices from July 2024 to July 2025 are given, including fuel power, black metal materials, and other categories [62]. Main City Newly - Built Residential Prices - The year - on - year and month - on - month data of the price index of newly - built commercial residential buildings in 70 large and medium - sized cities from June 2015 to June 2025 are shown, including data for first - tier, second - tier, and third - tier cities [63][64][66].

Core Viewpoint - The Bank of Thailand reported an increase in international reserves to $262.8 billion as of July 4, up from $261.5 billion previously [1] Group 1 - Thailand's international reserves reached $262.8 billion [1] - The previous level of international reserves was $261.5 billion [1]

Core Points - The International Monetary Fund reported that Ukraine's total international reserves amounted to $46.7 billion as of the end of April [1]

Core Viewpoint - The Bank of Thailand reported an increase in international reserves, rising from $251.6 billion on April 11 to $255.9 billion on April 18 [1] Group 1 - As of April 18, Thailand's international reserves stood at $255.9 billion [1] - The reserves increased by $4.3 billion compared to the previous week [1] - The figure on April 11 was recorded at $251.6 billion [1]