sentiment. Several research houses have subsequently revised down the GDP growth forecast below 1% with the view of prolonged impact toward year end. Toward the end of 3Q21, the government has gradually
demands increased by 11.9% to 849,388 units. Export volume increased by 4.3% to 1,000,256 units. In 2023, the Federation of Thai Industries (FTI) forecast the car production to be at 1,950,000 units or
decreased by 4.9% to 406,131 units. The Federation of Thai Industries (FTI) revised the forecast of car production for 2023 to be at 1,900,000 units which were divided into production for exporting of
quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2 .5 % which is lower than the earlier expectation, in which the supporting factors still
exports improved from the previous quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2.2-3.2%, in which the supporting factors still being
decelerating rate from 1.9% in the previous year, due to the delay of government’s budget allocation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2 .0%-3.0%, in
Federation of Thai Industries (FTI) revised the forecast of car production for 2024 from 1,900,000 units to be at 1,700,000 units; broken down into production for export of 1,150,000 units and production for
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
million which increased by Baht 3,324 million or 58% from Q1/2018. The increase was mainly due to the following reasons: • The recognition of revenues from the acquisition of GLOW of Baht 2,768 million
”, “believe”, “expect”, “aim”, “intend”, “will”, “may”, “anticipate”, “would”, “plan”, “could”, “should, “predict”, “project”, “estimate”, “foresee”, “forecast”, “seek” or similar words or expressions are