RPT-Thai joint business group maintains GDP growth outlook at 3.0-3.5% this year

Kitco Media
By Reuters
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Reuters
(Repeats to attach to alerts) BANGKOK, April 5 (Reuters) - Thailand's economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounded but exports softened, a leading joint business group said on Wednesday. Exports are still expected to be flat or fall by 1% this year, but the number of foreign tourist arrivals should reach 27-30 million this year, compared with 25-30 million predicted earlier, said the group, which has representatives drawn from industry, banking and commerce. The economy grew 2.6% in 2022. (Reporting Kitiphong Thaichareon and Satawasin Staporncharnchai; Wriring by Orathai Sriring)

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