Slower Growth World

My buddy Saroj is out with his latest comments on the local economy, showing how Thailand’s GDP has been affected by Europe

Thailand traditionally relies a lot on external demand in terms of export and tourism. While there is still growth in export (THB value) this year, the growth come short of the expectation of producers, hence we see  manufacturing production continues to decline for 3 months in a roll.  

Source: Charting Thailand’s Economy

 

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