Thailand: Cautious outlook for 2022 – UOB By pabspiovano Thailand GDP Banks
“GDP expanded 1.9% y/y in 4Q21, surprising market estimates for a milder growth of 0.8% y/y . The latest data came on the heels of a revised 0.2% y/y contraction in 3Q21. Accounting for the latest print, Thailand’s economy grew 1.6% for the whole of 2021.”
“While we acknowledge that Thailand’s GDP has indeed surpassed expectations, we remain cautious over its growth momentum in 2022.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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