Salem Radio Network News Saturday, September 30, 2023


Thai 2023 GDP growth, inflation seen lower than previous forecasts – central bank chief

BANGKOK (Reuters) – Bank of Thailand Governor Sethaput Suthiwartnarueput said on Tuesday this year’s GDP growth and inflation were expected to be lower than previously forecast.

The current policy interest rate was close to a neutral level and overall, the Southeast Asian country’s economic recovery remains intact, he said.

Inflation would gradually return to within target range, he said.

Sethaput Suthiwartnarueput was speaking virtually at a Fitch economic seminar.

(Reporting by Bangkok bureau)


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Michael Ramirez
Tue, Sep 19, 2023