Thailand's economy on track for 3.2% growth

Bangkok

THAILAND's economy is on track to grow 3.2 per cent this year and next, and there is no need for further monetary policy easing, a central bank deputy governor said, amid concerns that mourning for King Bhumibol Adulyadej will crimp tourism and consumption.

The 88-year old king died on Oct 13 and the junta has declared a year of mourning, urging people to curtail festivities during the first 30 days of his death.