BANGKOK – Thailand’s economy is expected to grow by 3.0 to 3.5 per cent this year, but the weaker baht is boosting exports, the finance minister said Wednesday.
But supply chain problems, such as those in the automotive and electronics sectors, are also affecting exports, Finance Minister Arkhom Thampittayapaisit said at a business seminar.
His growth projections were matched by major joint business groups and compared to the 3.3% growth forecast by the central bank.
Data on Wednesday showed headline inflation in Southeast Asia’s second-largest economy was weaker than expected in September, decelerating from the previous month, but the central bank expected another rate hike in November as consumer prices beat their target. There was a growing expectation that
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