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Monday, April 29, 2024

Economy likely grew 3.1% in Q2 on higher tourist arrivals

Thailand’s GDP seen expanding 3.1% y/y in Q2 vs 2.7% in Q1

Shoppers visit an Otop fair at Muang Thong Thani, Nonthaburi province, in August 2023. (Photo: Varuth Hirunyatheb)

BENGALURU: Thailand’s economy likely grew 3.1% in the April-June quarter from a year ago, up from 2.7% in the previous quarter, driven by increased foreign tourist arrivals, according to the median forecast of 21 economists polled.

On a quarterly…

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