THAILAND: Consensus Forecasts

August 2003
Asia Monitor: South East Asia Monitor Volume 1;Aug2003, Vol. 14 Issue 8, p3
Country Report
Country Report
This article forecasts the economic conditions for Thailand, as of August 1, 2003. Thailand's economic performance is impressive. After robust economic growth in Q1, indicators suggest another healthy expansion in Q2. The independent forecasters have now revised up 2003 GDP forecasts in line with the higher-than-expected growth in Q1. The Thai government remains ever optimistic. The Thai prime minister is targeting 6.0 percent growth for 2003, while the country's official economic think tank expects a more modest 4-5 percent growth this year.


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