Thai Q1 GDP grows 2.7% y/y, beats expectations

  • Monday, May 15, 2023
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,ferrochrome
[Fellow]Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

【Ferro-alloys.com】:

  The 19th China Ferro-alloys International Conference, co-hosted by China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (CCCMC) & Ferro-Alloys.com ,Supported by China Ferroalloys Industrial Association, will be held on 31 May to 2 June 2023 in Beijing, China. By the end of 2022, China has fully lifted control of the epidemic and introduced proactive and prudent macroeconomic policies. The Conference will provide a platform for sharing macro-economic situation worldwide and discussing industry-wide emerging role of the Ferroalloys industry as potential backbone for economic growth of China. You are cordially invited to shape up ideas and present their visions for new business and investment opportunities at 19th INFACON at Beijing, China. Get in the room with decision makers along your supply chain to gauge market sentiment, explore new opportunities, meet old friends, and form your view of how 2023 might play out. Join us at the 19th INFACON 2023.

Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

On a quarterly basis, Southeast Asia's second-largest economy grew a seasonally adjusted 1.9% in the March quarter, data from the National Economic and Social Development Council showed.

Economists in a Reuters poll had expected gross domestic product (GDP) to expand 2.3% year-on-year and 1.7% quarter-on-quarter. 

  • [Editor:Alakay]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!