Thailand's economy is seen growing between 3%-4% this year as it follows a sustained recovery path despite a global slowdown, the central bank said in a statement released on Tuesday.

Inflation was also seen returning to within a target range in the second half of 2023, while exports were seen rising 1%, with a possible contraction ahead, the Bank of Thailand said.

(Reporting by Orathai Sriring and Satawasin Staporncharnchai Editing by Kanupriya Kapoor, Ed Davies)