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Thailand’s economic growth up 2.7 pc in Q1

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Thailand’s economy grew 2.7 percent in the first quarter of the year, thanks to a recovery in tourism and higher agricultural output, the country’s economic planning agency has said.
This marked a sixth consecutive period of expansion, accelerating from 1.4 percent growth in the final quarter of 2022, according to the data released by the Office of the National Economic and Social Development Council (NESDC).

The improvement was attributed to the constant expansion of the service sector, driven by the country’s growing foreign arrivals, and the agricultural sector due to higher yields, the NESDC said in a statement Monday.—Xinhua

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