Thai GDP growth may rise 5.2 pct

22:36, June 29, 2010      

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If the domestic political situation is stable and the financial crisis in Europe is over, Thailand's gross domestic product (GDP) in 2010 could expand as much as 5.2 percent, an economist said Tuesday, the Bangkok Post's website reported.

Thanawat Polwichai, director of the Economic and Business Forecasting Centre at the University of the Thai Chamber of Commerce (UTCC), said a survey of economic expansion in quarter 1 (Jan-Mar) of 2010 suggested the Thai economy has rebounded nationwide in light of the global economic recovery, which has boosted the Thai exports.

Basing on the UTCC latest survey, in quarter 1 the GDP growth in the Northeast is estimated at 9.2 percent, with 8.6 percent in the North, 9.1 percent in the South, 16 percent in Central, and 11. 1 percent in Bangkok and its vicinity. The regional expansion would boost the national GDP to grow by 12 percent in the first quarter.

Source:Xinhua

(Editor:黄蓓蓓)

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