Thailand: Joint business group keeps 2022 growth outlook at 2.75 to 3.5%

• Aug 03, 2022

Thailand’s leading joint business group said on Wednesday the economy is still expected to grow 2.75% to 3.5% this year, helped by increased exports and tourism, but it faces rising inflationary pressures.

Exports are expected to increase 6% to 8% this year, up from a previous forecast rise of 5% to 7%, while foreign tourist arrivals are seen at 7 million to 8 million this year, according to the group, which includes representatives from industry, banking and commerce.

Source: https://www.bangkokpost.com/business/2360489/joint-business-group-keeps-2022-growth-outlook-at-2-75-to-3-5-a