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Bangkok Post
Bangkok Post
Business

Poll: Economy likely grew modestly in Q1

Thailand Mobile Expo 2022 and Thailand Crypto Expo 2022 are taking place at Bangkok International Trade & Exhibition Center (Bitec) until May 15. (Photo: Arnun Chonmahatrakool)

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.

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