Agriculture sector to fall 4.3% this year after 4.2% dip in first half
Play
Drying out under the prolonged drought, the agriculture sector is expected to shrivel up 3.3-4.3 per cent this year after already shrinking 4.2 per cent in the first half.
“The agricultural sector will face negative growth this year as production of many crops is low, prices of many commodities remain low and rice growing is limited due to the drought,” Lersak Rewtarkulpaiboon, secretary-general of the Agricultural Economics Office under the Agriculture Ministry, said Thursday.
Hardest hit will be farming, while other businesses are still going strong this year, like those in the livestock, seafood and forestry industries.
