Finance may revise economic forecast - The Nation

Economy

The Nation November 29, 2012 3:37 pm

He did not say whether the forecast would be revised upward or downward. The current forecast of 5.5 per cent is based on the export growth forecast of 4.5-5 per cent.

Somchai noted that to achieve the export growth target of 4.5 per cent, combined export value in the remaining two months of this year must hit US$40.7 billion. If the 5 per cent target is to be achieved, the combined value must be $41.8 billion.

Weakening demand had hurt Thailand?s export value. The export just picked up in October, growing over 15 per cent from the same period last year.

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Source: http://www.nationmultimedia.com/business/Finance-may-revise-economic-forecast-30195266.html

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