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Thailand: Joint business group maintains growth outlook

  • Mar 01, 2023

The Thai economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounds but exports weaken, a leading joint business group said on Wednesday.

Exports are expected to be flat or fall up to 1% this year, compared with a previous forecast of a rise of 1% to 2%, said the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). 

The economy grew 2.6% in 2022, less than expected.

Source: https://www.bangkokpost.com/business/2517845/joint-business-group-maintains-gdp-growth-outlook-at-3-0-3-5-this-year