Economy To Slow Due To Weak Exports

April 2008
Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p1
Country Report
The article reports on the economic condition of Thailand. In line with the regional trend, the country's economy ended 2007 on a strong note, expanding by a faster-than-expected 5.7% year-on-year in the fourth quarter on buoyant exports against a downwardly revised 4.8% . However, despite positive data, high oil prices and the outlook for the U.S. growth do not bode well for the maintenance of Thailand's export recovery.


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