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Thailand Sees 3.3% Growth
World Economy

Thailand Sees 3.3% Growth

The economy will grow faster in the second half of this year as farmers will earn more income and the effects of government stimulus measures take hold, the Thai Chamber of Commerce said on Tuesday, TNA reported. Growth should expand by 3.3% in the latter half on the back of a 2.6% rise in exports and 0.9% inflation, said chairman Isara Vongkusolkit, who also heads the Board of Trade of Thailand. Based on the forecasts, he said the economic growth rate for 2016 would be in a range between 3.2% and 3.5% while exports would expand by 0.8% and inflation would be at 0.4%.

 

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