because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing
statements. Overall market environment The Thai economy during the third quarter of 2018 continued to expand particularly from domestic demand. Private consumption grew mainly from the durable goods segment
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result, NESDB has revised its 2024 growth forecast to a range of 2.3%-2.8%. Key supporting factors include the ongoing recovery of the tourism sector, private consumption, and both public consumption and
% in the previous quarter due to a slowdown in both of export and tourism sectors. Meanwhile, the private consumption expenditure accelerated in line with rising consumer confidence. In addition, the
recovery whereas non-durable and semi-durable goods namely food and apparels still contracted, pointing to a still weak grass-root economy. Private investment also showed signs of recovery that is consistent
that showed sign of recovery whereas non-durable and semi-durable goods namely food and apparels still contracted, pointing to a still weak grass-root economy. Private investment also showed signs of
tourism related while non-durable and semi-durable goods, food and apparels still declined, signaling a still weak grass-root economy consistent with the decline in agricultural sector income. Private
related while non-durable and semi-durable goods, food and apparels still declined, signaling a still weak grass-root economy consistent with the decline in agricultural sector income. Private investment