# Thai Finance Ministry cuts GDP outlook after deadly Covid wave

> Thailand's Finance Ministry cut its 2021 GDP growth forecast to 1% from 1.3%, its fourth revision this year, after a deadly Covid-19 wave. It forecast 4% growth for 2022, supported by exports and tourism.

- Date: 2021-10-28 · published 2021-10-28T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/44828-thai-finance-ministry-cuts-gdp-outlook-after-deadly-covid-wave
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weaker Thai growth reduces local demand for imported feed inputs marginally, though the effect on global grain and meal prices is small.

## Sources

- ajot.com: https://www.ajot.com/news/thai-finance-ministry-cuts-gdp-outlook-after-deadly-covid-wave

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.