KONTAN.CO.ID - BANGKOK. Thailand's economy is seen growing between 3%-4% this year as it follows a sustained recovery path despite a global slowdown, with tourism and private consumption key drivers, the central bank said on Tuesday. Headline inflation, above target at 5.02% in January, should return to within the targeted 1%-3% in the second half of 2023, the Bank of Thailand said, citing a speech on Monday by its governor, Sethaput Suthiwartnarueput. "Supply-side (inflationary) pressures have gradually eased but demand-side pressures could increase due to a fast recovery in the tourism sector," the BOT said in a statement.
Thai Economy Seen Growing 3% to 4% This Year, Inflation to Fall - C.Bank
KONTAN.CO.ID - BANGKOK. Thailand's economy is seen growing between 3%-4% this year as it follows a sustained recovery path despite a global slowdown, with tourism and private consumption key drivers, the central bank said on Tuesday. Headline inflation, above target at 5.02% in January, should return to within the targeted 1%-3% in the second half of 2023, the Bank of Thailand said, citing a speech on Monday by its governor, Sethaput Suthiwartnarueput. "Supply-side (inflationary) pressures have gradually eased but demand-side pressures could increase due to a fast recovery in the tourism sector," the BOT said in a statement.