UTTC cuts Thailand’s growth forecast this year to 2.6 per cent
March 20, 2024 | 16:00
The Centre of Economic and Business Forecasting of the University of the Thai Chamber of Commerce (UTTC) on March 19 forecast that Thailand’s economic growth for 2024 would be 2.6 per cent, down from its earlier projection of 3.2 per cent due to the fragile economic recovery, a slowdown in private investment, the weak purchasing power of the consumers and delayed disbursement of the 2024 budget.
Mobile Version