Thailand's GDP growth is expected to lose 5% in Q4 - News - Dukascopy Bank

Wed, 28 Dec 2011 09:38:14 GMT
Source: Marketwatch
 
© Scanpix/AFP

Thai GDP is likely to shrink by 5% in Q4 as flooding impacted manufacturing and dampened exports, according to the Ministry of Finance's Fiscal Policy Office. However, measures aimed at faster recovery after natural disaster are expected to push the economic expansion to 5% in 2012, reported Somchai Sujjapongse, head of the FPO.


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