Economic growth may slacken due to power
The economic growth forecast for this year could be revised down to 3.7-4.2 per cent from the earlier estimate of 4-4.5 per cent, the Centre for Economic and Business Forecasting under the University of Thai Chamber of Commerce said.
The downward revision follows the expected power vacuum after Thailand’s election this month, impacts from the US-China trade dispute and lack of clarity on Britain’s exit from the European Union.
The Nation Reporter
