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Thai economy growing, policy to be adjusted to tackle inflation-central bank

Thai economy growing, policy to be adjusted to tackle inflation-central bank

FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva

BANGKOK : Thailand's economy will continue growing this year and next, driven by a recovery in domestic demand and tourism, the central bank said on Monday.

The recovery has been clearer and could be better than expected while there is a greater risk inflation will be higher than projected, the Bank of Thailand officials told an analysts' meeting. Monetary policy should be adjusted in a timely manner to keep inflation expectations anchored, they said.

Source: Reuters

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