Macroeconomic Forecast Thailand

March 2007 | Macroeconomic Forecasts

BMI View: At 5.0%, Thailand's economy expanded at a rate slightly higher than BMI's 4.8% forecast last year. This has not however, led to a revision of our GDP prediction for 2007. With Q406 GDP recording the lowest growth rate in almost two years, continuing a trend of deceleration, the economic outlook is dim. Against a backdrop where political unrest and policy gaffes have served to weaken consumer and business sentiment, we expect Thailand's GDP growth to slow to 4.4% this

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