webfact Posted June 27, 2022 Share Posted June 27, 2022 By Panithan Onthaworn The Bank of Thailand (BoT) said on Monday the economy will grow in 2022 and 2023 thanks to domestic demand and tourism, despite inflation rising above its target range. “Going forward, the recovery in domestic demand and tourism industry will be major drivers of the Thai economy,” assistant governor of the bank’s Monetary Policy Group, Piti Disyatat, told an analysts meeting. The BoT’s current growth projection is 3.3 percent this year, followed by 4.2 percent in 2023. However, Piti warned that there is a greater chance that inflation may be higher than anticipated, breaching the target range of 1-3 per cent. Thailand saw its biggest jump on inflation in almost 14 years in May, with a 7.1 per cent jump year-on-year. Full story: https://www.thaienquirer.com/41248/thai-economy-to-keep-growing-amid-inflation-exceeding-target-central-bank-says/ -- © Copyright Thai Enquirer 2022-06-28 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Easiest way to own or rent a car in Thailand - click here to find out more! Link to comment Share on other sites More sharing options...
Popular Post ozz1 Posted June 27, 2022 Popular Post Share Posted June 27, 2022 I wish they would make up their minds yesterday they were worried about the baht now the economy is fantastic crystal ball syndrome 4 1 Link to comment Share on other sites More sharing options...
Popular Post sungod Posted June 28, 2022 Popular Post Share Posted June 28, 2022 3 hours ago, webfact said: Thailand saw its biggest jump on inflation in almost 14 years in May, with a 7.1 per cent jump year-on-year. On another thread, the esteemed 'journalist' Michael Bridge is telling us its now cheaper to eat out than it was before the pandemic! 5 Link to comment Share on other sites More sharing options...
Gottfrid Posted June 28, 2022 Share Posted June 28, 2022 (edited) Yeah, despite inflation!? Eeeh, they is generally what happens with a country the depend as much on export as Thailand do. But, is it good development? NO! Edited June 28, 2022 by Gottfrid Link to comment Share on other sites More sharing options...
crazykopite Posted June 28, 2022 Share Posted June 28, 2022 Who comes up with all this BS 2 Link to comment Share on other sites More sharing options...
Cake Monster Posted June 28, 2022 Share Posted June 28, 2022 8 hours ago, webfact said: However, Piti warned that there is a greater chance that inflation may be higher than anticipated, breaching the target range of 1-3 per cent. Thailand saw its biggest jump on inflation in almost 14 years in May, with a 7.1 per cent jump year-on-year. A target range of 1 - 3 % !!!! I guess these people been smoking the same pipe as TAT Inflation is already at 7.1 % if these people are to be believed, but many believe it to be much higher. More is to come for sure AIMO, Inflation will be nearer to 9 - 11 % by Year end possibly more. Sounding optimistic is good, but sounding ignorant is very bad especially from such an Organization. 1 Link to comment Share on other sites More sharing options...
vivananahuahin Posted June 28, 2022 Share Posted June 28, 2022 They sleep together but have not the same dreams, this is the Coué method. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now