GDP growth forecast gets scaled up to 3.7% for year - News Summed Up

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GDP growth forecast gets scaled up to 3.7% for year


The faster rate of growth of in the second quarter was driven by exports, household consumption and private investment, the agency said. Private investment between April and June was driven by exports and public infrastructure investment. “Expansion of private investment is expected to continue due to public investment and higher export growth. However, growth in the non-agricultural sector growth dropped to 2.7 per cent, compared with 3.1 per cent in the first quarter. More floods could hit consumption and economic growth as a whole.


Source: The Nation Bangkok August 21, 2017 15:11 UTC



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