|
|
Main Menu
|
 |
||||||||
ERU News |
|
||||||||
|
|
14 March 2006 Thailand economic growth slows down The Thai economy grew slower-than-expected in the fourth quarter of 2005, by only 0.9%, compared to market forecasts for growth of 1.4%, said the National Economic and Social Development Board today. The economy grew by 4.5% in 2005, its weakest expansion since 2001 and compared with 6.2% in 2004. Analysts believed that the growth was held back by high fuel prices and rising interest rates. It is expected that the GDP growth for 2006 will remain flat, at a rate of 4.5-5.5%.
|
||||||||
| Part
of the Mott MacDonal Group Developed by Mott MacDonald Legal information
© 2006 Mott MacDonald Group Limited |
