Thailand’s economy likely grew modestly in the first quarter, thanks to robust exports and an easing of Covid-19 restrictions and despite low tourist arrivals and high inflation dampening consumer spending, a poll found.
Southeast Asia’s second-largest economy is estimated to have expanded 2.1% in the January-March period compared with the same period a year earlier, according to a poll of 15 economists, conducted by Reuters from May 6 to 13. It showed annual growth of 1.9% in the previous quarter.
“We expect Thailand’s GDP to recover moderately in 1Q22,…
