THAILAND's economy has accelerated last quarter, thanks to rising exports and tourist arrivals, reports The Uncontained.
Gross domestic product during October-December rose 1.9 per cent from a year ago.
As part of its Covid crisis strategy, Prime Minister Prayuth Chan-Ocha's government has gradually relaxed restrictions to boost the economy.
Though rising price pressures and the omicron wave raised concerns about recovery.
The economy grew 1.6 per cent in 2021, rebounding from a revised 6.2 per cent contraction in 2020.
Gross Domestic Product (GDP) rose 1.8 per cent in the fourth quarter from the previous three months.
The consumer price index rose 3.23 per cent in January.
The central bank average headline inflation this year is likely to exceed its 1.7 per cent forecast.
Thailand welcomed 230,497 tourists in December, the highest monthly figure since March 2020.
SeaNews Turkey
Gross domestic product during October-December rose 1.9 per cent from a year ago.
As part of its Covid crisis strategy, Prime Minister Prayuth Chan-Ocha's government has gradually relaxed restrictions to boost the economy.
Though rising price pressures and the omicron wave raised concerns about recovery.
The economy grew 1.6 per cent in 2021, rebounding from a revised 6.2 per cent contraction in 2020.
Gross Domestic Product (GDP) rose 1.8 per cent in the fourth quarter from the previous three months.
The consumer price index rose 3.23 per cent in January.
The central bank average headline inflation this year is likely to exceed its 1.7 per cent forecast.
Thailand welcomed 230,497 tourists in December, the highest monthly figure since March 2020.
SeaNews Turkey