24/7 Newsfeed

Put Reason 24/7 on Your Site


Follow Reason 24/7 on Twitter and via RSS

Thailand Downgrades Growth Prospects

Thailand downgraded its growth forecast for the year due to slower-than-expected economic growth in the second quarter, which was hurt by weak exports.

The government now projects 3.8-4.3 percent growth for 2013, instead of the 4.2-5.2 percent it estimated earlier. The previous estimate was based on the assumption that growth in the second quarter will range between 3.3 percent and 4.3 percent.

Source: RTT News. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.