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Bangkok Post
Bangkok Post
Business

Economy to continue growing despite disappointing Q2: Bank of Thailand

FILE PHOTO: Tourists walk on the beach in Phuket, March 8, 2022. (Reuters)

Despite a weaker-than-expected second quarter, the economy is expected to continue growing in the second half of the year as tourism picks up, the Bank of Thailand (BoT) said on Tuesday, suggesting gradual policy tightening may continue.

Second-quarter growth missed the central bank forecast due to lower-than-expected private investment and inventories, but other elements overall were better than expected, including exports and tourism, Assistant Governor Piti Disyatat told TNN News.

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