BoT: Economy shows recovery signs | Bangkok Post: business

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BoT: Economy shows recovery signs

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  • Online news: News
  • Writer: Pathom Sangwongwanich
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The economic recovery began to pick up speed in May, while a V-shaped recovery will gain momentum starting in the third quarter, says the Bank of Thailand. 

Don't hang up just yet. The central bank says a V-shaped recovery is expected to begin in the third quarter, and the momentum could continue throughout the year. - SEKSAN ROJJANAMETAKUN

Don Nakornthab, director for economic policy, said despite economic activities picking up in May on the back of recovering manufacturing output and private consumption, figures for that month did not reflect recent domestic political changes.

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