Thai business group revises 2022 GDP forecast, lifts inflation outlook

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

BANGKOK : Thailand's leading joint business group said on Monday the economy is expected to grow by 2.75 per cent to 3.5 per cent this year, rather than the 2.5 per cent to 4.0 per cent range it predicted earlier, taking into account higher inflation and a possible global recession.Headline inflation is n

BANGKOK : Thailand's leading joint business group said on Monday the economy is expected to grow by 2.75 per cent to 3.5 per cent this year, rather than the 2.5 per cent to 4.0 per cent range it predicted earlier, taking into account higher inflation and a possible global recession.

Headline inflation is now expected to average 5.0 per cent to 7.0 per cent this year, up from 3.5 per cent to 5.5 per cent projected in June, according to the group, which includes representatives from industry, banking and commerce.

 

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 US

United States United States Latest News, United States United States Headlines