Maybank sees milder Super El Nino hit for Thailand economy
Maybank economists say a Super El Nino event should have a milder impact on Thailand’s economy and headline inflation than 2015-2016. Hotter, drier weather for longer could still crimp Thailand’s agricultural output.
The super El Nino event should have a milder impact on Thailand's economy and headline inflation compared with the last one in 2015-2016, Maybank economists say in a report.
A prolonged stretch of hotter, drier weather would crimp output in Thailand's agricultural sector.
However, fresh produce acc…