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Monday, June 27, 2022

Exports, tourism help fire up expansion in April

Rice exports grew by 44% year-on-year in April 2022. (Photo: Chakkrapan Natanri)

The growth of exports, tourism and the agricultural sector supported the country’s economic expansion in April, according to the Fiscal Policy Office (FPO).

FPO adviser Wuttipong Jittungsakul said that the office will continue to keep a close eye on the Russia-Ukraine war, which has driven up the global oil price and affects production costs and living costs in Thailand.

The country’s export value in US dollar terms in April rose 9.9% year-on-year. Products that performed well included finished oil products, chemical products, vehicle tyres, steel, farm produce and food products.

The export of sugar, casava products, rice and animal feed expanded…

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