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BUSINESS

FPO cuts GDP growth to 5.5%

Wichit Chantanusornsiri, Published on 25/09/2012

» The Fiscal Policy Office (FPO) has cut its economic growth forecast for Thailand to 5.5%, citing the impact of slowing export growth due to the global economic downturn.

BUSINESS

FPO trims forecast to 5.5%

Business, Wichit Chantanusornsiri, Published on 25/09/2012

» Economic growth this year is projected to reach 5.5%, down from mid-year forecasts of 5.7% as a result of the slowdown in Thai exports, says the Fiscal Policy Office (FPO).