Macroeconomic Forecast Thailand

BMI View: With Q406 GDP recording the lowest growth rate in almost two years, continuing a trend of deceleration, the economic outlook for Thailand is dim. Against a backdrop of political unrest and a number of policy gaffes, which have served to weaken consumer and business sentiment, we expect Thailand's GDP growth to slow to 4.4% this year. The economy's overall performance should improve by the end of the year, as confidence returns, but only if progress is made on the political

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