PUBLISHED : 29 Sep 2023 at 08:01
The University of the Thai Chamber of Commerce (UTCC) has trimmed its economic growth forecast for this year to 3%, down from 3.6% estimated in December last year, primarily because of lower than expected exports and delays in state budget preparation.
The downgrade takes into account new government measures to reduce the cost of living, such as electricity and fuel price reductions as well as debt…
