Thailand’s economic outlook for 2005 will be largely determined by the behaviour of oil prices, according to the Centre for Economic and Business Forecasting at University of Thai Chamber of Commerce. Forecasting higher diesel prices and interest rates, the research unit has revised down Thailand’s expected economic growth for 2005 to 5.5 to 6%,…
THAILAND: Oil prices to determine economic outlook, says research unit
Posted on December 10, 2004 by EnergyAsia