Exports down amid weak demand abroad but current account in the black
The economy continued to recover in December, boosted by increased tourism and domestic consumption, while exports were affected by the slowing economies of trading partners, the Bank of Thailand said on Tuesday.
Economic activity was likely to improve steadily as the vital tourism sector gained momentum, the central bank said in a statement, adding it would monitor the global economy, costs and China’s reopening.
Last week, the BoT raised its…