Export growth forecast revised upwards
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The meeting of the Joint Standing Committee on Commerce, Industry and Banking on Tuesday revised upwards its forecast of export growth this year to between 6.5 per cent and 7.5 per cent from the previous forecast of between 3.5 and 4.5 per cent.
The revision is in line with export growth in the past eight months, the committee said. Growth momentum is expected to continue during the rest of the year, thanks to the economic recovery of the Thailand’s major trading partners.
The committee also revised upwards its forecast economic growth this year to between 3.7 per cent and 4 per cent, compared to the earlier forecast of between 3.5 and 4 per cent.
