Thai business group trims 2022 growth outlook over Ukraine war

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BANGKOK : Thailand's leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5per cent to 4.0per cent from a previous forecast of 2.5per cent to 4.5per cent due to the impact of the Russia-Ukraine war on global growth and energy prices.Thr inflation forecast was rai

BANGKOK : Thailand's leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5per cent to 4.0per cent from a previous forecast of 2.5per cent to 4.5per cent due to the impact of the Russia-Ukraine war on global growth and energy prices.

Thr inflation forecast was raised to 3.5per cent to 5.5per cent this year from a previous projection of 2.0per cent to 3.0per cent, the group, which includes representatives from industry, banking and commerce, said in a statement. It maintained its export growth outlook of 3.0per cent-5.0per cent this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines