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SCB EIC expects the Thai economy to regain momentum gradually, reaching 2.5% growth in 2024. Growth is led mainly by the service sector, with a rebound in foreign tourist arrivals supported by free visas, visa-on-arrival and returning Chinese tourists.
Stronger tourism and services growth supports Thai domestic demand for feed-linked products such as poultry and pork, but the effect on feed commodity prices is modest.
scbeic.comEconomic Intelligence Center (EICJun 18, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
