Economy / Thailand
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Macroeconomic Forecast Thailand
May 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Thailand'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%.