FPO cuts 2019 growth forecast

01.05.2019 - 05:02

Global slowdown takes toll on exports

The Fiscal Policy Office (FPO) has reduced its 2019 economic growth forecast to 3.8% from 4% as slower global economic growth takes a toll on exports. The lower estimate came after merchandise shipments in US dollar terms shrank 1.6% for the first three months, compared with the target of 2% growth, said director-general Lavaron Sangsnit.

(Economy, Thailand)

Read the full article at bangkokpost.com

This article ...



Add a comment

Have you done your own experiences? Do you have more questions? Simply use our comments function.

Before submitting your comment, please read our information and Terms of Use for comments. By saving your comment you accept our Terms of Use for comments.

To prevent automated spam submissions leave this field empty.

Questions, corrections, additional information? Contact form

Follow us

Follow us on Twitter

Latest Articles

Sponsor News

Search