TITLE

Rapid Growth To Continue

PUB. DATE
August 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Aug2004, Vol. 15 Issue 8, p2
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
Thailand's economy grew by a lower-than-expected 6.5% year-to-year in the first quarter of 2004, representing a significant slowdown from the 7.8% achieved in the previous three months. The lower Q1 growth has been attributed to the impact of the bird flu outbreak, the growing violence in southern Thailand, and the rising cost of imports caused by higher oil prices. The disappointing performance led the Thai Finance Ministry to reduce its 2004 GDP growth forecast to 7.1% from its earlier forecast of 7.8-8.1%.
ACCESSION #
13886761

 

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