Macroeconomic Forecast Thailand

BMI View: We retain our view that, despite a strong H106 performance, poor Q406 figures will see annual GDP growth come in at 4.8% in 2006 (although this is still an improvement over 2005's 4.5% growth). In 2007, the effects of the recent political stalemate, and the subsequent coup will take their toll on private consumption and investment, and the potential impact of new regulations on overseas investment will also be reflected in lower GDP growth, which we estimate will be

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