Tisco unit predicts 3% Thai growth in 2025 despite risk

Tisco unit predicts 3% Thai growth in 2025 despite risk

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PUBLISHED : 19 Dec 2024 at 08: 25

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Mr Komsorn, left, and Mr Methas say increasing investment and the tourism boom should drive Thai growth in 2025.

Tisco Economic Strategy Unit (ESU) predicts Thai GDP growth of 3% next year as the global economy expands 3.2%, amid risks of a potential trade war and accelerated inflation.

Economist Methas Rattanasorn said increasing public and private investments, a recovery in tourism and accommodative monetary policy should drive the Thai economy to grow 3% in 2025, higher than the 2.8% expected for this year.

However, there are many risk factors, including a trade war, geopolitical conflicts, as well as uncertainties in oil prices and inflation.

He said although
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