Thailand's economy picks up in May as tourism, spending rise

📆 6/30/2023 10:58 AM
📰 ChannelNewsAsia

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BANGKOK: Thailand's economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the central bank said on Friday (Jun 30). Economic activity was seen rising steadily with tourist arrivals still increasing, the Bank of Thailand (

BANGKOK: Thailand's economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the central bank said on Friday .

In May, Thailand recorded a current account deficit of US$2.8 billion, after a revised deficit of US$0.6 billion the previous month, the BOT said on Friday.

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Thailand's economy picks up in May as tourism, spending riseBANGKOK : Thailand's economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the central bank said on Friday.Economic activity was seen rising steadily with tourist arrivals still increasing, the Bank of Thailand (BOT) sai
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