Asia Thailand's economy may underperform from weak consumption, warns central bank chief

BeatMan

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BANGKOK: Thailand's economic growth may falter at under 2.9 per cent this year on the back of a weaker-than-expected fourth quarter where consumption cratered despite a government cash handout aimed up firing up sluggish growth, the central bank chief said on Thursday (Jan 30).

The Bank of Thailand previously anticipated that the economy could expand by 2.9 per cent this year, lower than finance ministry projection of 3 per cent growth.

https://www.channelnewsasia.com/asi...-consumption-warns-central-bank-chief-4905881
 
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