NESDB predicts GDP growth of 4.5%-5.5% in 2013 | Bangkok Post: business

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NESDB: 2013 growth 4.5%-5.5%

Thailand's economy could grow between 4.5% and 5.5% this year as the global economy continues to recover, according to the National Economic and Social Development Board (NESDB).

The NESDB reported on Monday that major economic powers such as China, Europe and the United States are starting to pick up. The government's investments in mega-projects will also help stimulate the country's economy and local demand.

Inflation would be in the range of 2.5% to 3.5% for the entire year 2013, according to the forecast.

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