Trade balance may return to surplus in Q4, says Vitai
People shop at Bang Kapi Market in Bangkok on June 1, the first day of the ‘Thais Help Thais Plus’ campaign. (Photo: Varuth Hirunyatheb)
The Thai economy is expected to grow 2% this year, Bank of Thailand (BoT) governor Vitai Ratanakorn told a news briefing on Tuesday.Headline inflation was expected to reach 3% this year and then was expected to ease next year, he told reporters.
For 2027, growth was seen at 1.7% and headline inflation at 1.4%, the central bank said in a statement.
The annual inflation rate rose to 2.89% in April, the highest rate in more than three years, due to higher energy costs.
