BANGKOK -- The Bank of Thailand on Wednesday revised down the country's growth forecast to 3.2%, from 3.4% it predicted in December, as sanctions on Russia after its invasion of Ukraine send prices higher, weighing on the economy.
Economy
Thailand cuts 2022 growth to 3.2% as Ukraine war hits prices
Central bank hopes tourism recovers in 2023 to push GDP expansion to 4.4%
The Bank of Thailand has revised down this year's economic growth forecast as it braces for higher prices. (Photo by Rie Ishii)
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