GDP growth outlook up, exports down, says FPO | Bangkok Post: news

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FPO: 2013 GDP growth 5.3%

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The Fiscal Policy Office (FPO) on Friday raised its gross domestic product growth projection for 2013 to 5.3% from the previous expectation of 5%. 

The office said domestic consumption was still a major driving force of the economy this year.

It also projected domestic consumption to expand by 4.6% this year, from the previous forecast of 3.9%, and private investment to grow by 9.3%, up from 9.2%.

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