KBank predicts 5.3% GDP growth for first quarter | Bangkok Post: news

News >

KBank: 2013 Q1 GDP growth 5.3%

- +

Gross domestic product (GDP) growth of 5.3% year-on-year is expected for the first quarter of the year, Kasikorn Research Centre of Kasikorn Bank (KBank) said on Friday. 

The centre said economic growth momentum would further continue in the first quarter on the back of global positive signs after the economic recession risk in the US had been significantly eased.

The centre maintained its previous growth projection for 2013 at 4.5-5.5%, but warned that persistent rising production costs and the strengthening baht could derail this year’s economic expansion.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

1 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments