Economy / Thailand
Macroeconomic Forecast Thailand
May 2006 | Macroeconomic ForecastsThailand's economy is strong enough to withstand the recent downturn in consumer confidence thanks to rising exports, hefty government spending and a strengthening currency that is shielding the economy from the worst effects of rising global oil prices. Real GDP should rise this year by 4.8%, with the annual rate of growth reaching a trough in the third quarter of 4.0%.
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