New Report Available: Thailand Business Forecast Report Q4 2013
Thailand is technically in recession with the economy having contracted for two consecutive quarters - seasonally-adjusted real GDP growth came in at a negative 0.3% quarter-on-quarter (q-o-q) in Q213, following a contraction of 1.7% in Q113. Crucially, private consumption and gross fixed capital formation are also beginning to witness some signs of slowing down. We expect cooling external demand to continue to drag on the overall economy and that full-year real GDP growth will come in relatively weak at just...
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