Nov exports 5.5 yy; current acct deficit at 0.4 bln
Economic activity likely to increase further in Dec
C.bank sees tourism upside after China39;s reopening
Says monetary policy to focus on economic conditions

BANGKOK, Dec 29 Reuters Thailand39;s economy remained on the recovery path in November, boosted by increased tourism and domestic consumption while exports deteriorated as global demand slowed, the central bank on Thursday.

Economic activity was likely to recover further as the vital tourism sector gathered steam, the Bank of Thailand BOT said, adding it would monitor slowing global demand, rising prices and China39;s border reopening.

China39;s move should help Thailand39;s tourism sector in 2023, Assistant BOT Governor Chayawadee ChaiAnant told a news conference. The BOT39;s current forecast for foreign tourist arrivals next year is at 22 million.

What we39;ve looked at is quite conservative and will be reviewed next year, she said.

For 2022, Thailand has received 11 million foreign tourists since the start of the year, according to the finance minister, already exceeding the BOT39;s 10.5 million projection.

In November, the central bank forecast the economy would grow 3.2 this year and 3.7 in 2023, boosted by private consumption and tourism.

Southeast Asia39;s secondlargest economy, however, is facing slowingthanexpected global demand, Chayawadee said.

Exports, also key driver of growth, dropped 5.5 yearonyear in November, and Thailand recorded a…