Consumer’s confidence Index (CCI) for the month of January increased to 80.0 from 79.2 a month earlier, representing the highest for the past 36 months.
Thai exports grew 9.3 percent while the number of incoming tourists for the same month increased 15.5 percent from November’s figure
The Ministry of Commerce revealed figures of export growth for last year at 9.9%, the highest in the past six years.
EIC adjusted its 2017 growth forecasts for export and import values to 10.0% and 14.0%, from previous forecasts of 8.5% and 13.0% respectively
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For 2017 Thailand’s growth rate which was initially projected at around 3.4% is now growing at a rate close to 3.9%.
Thailand’s central bank kept its benchmark interest rate unchanged at 1. 5 percent where it’s been since 2015, according to a Bank of Thailand statement
EIC expects the Thai economy to grow by 3.8% in 2017, up from the previous forecast of 3.6%