2023-09-10 16:35
Thailand's central bank to revise down forecasts for 2023 growth and inflation
BANGKOK : Thailand's 2023 economic growth and inflation are expected to be lower than previously forecast due to softer-than-expected exports and tourism spending, the central bank chief had announced. South-East Asia's second-largest economy has been impacted by slowing global growth, a faltering recovery in its main trading partner China, and falling investor confidence due to prolonged political uncertainty after an election in Thailand in May. Thailand's king swore in the new 11-party coalition government earlier in the week.

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