BoT: Firms expect normalcy in Q1 2022

Nearly half of businesses expect normal Thai life to resume in the first quarter of next year, according to a Bank of Thailand survey.

The business sentiment index, which was conducted from July 1-22 on 260 businesses of all sizes, found 45% of respondents expect public confidence in spending life outside the home, including travelling as normal, will resume when new daily Covid-19 infections fall below 50, which they anticipate will happen in the first quarter of 2022.

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Somruedi Banchongduang