(EnergyAsia, July 7) — Thai household spending increased at almost twice the rate of income between 2002 and last year, as a result of higher oil prices and other costs, The Nation reported. That trend will continue through 2005 as inflation is likely to hit 4% per cent for the year, compared with 4.6% since…
THAILAND: Economic growth to be propelled by strong household spending, but hurt by slower exports
Posted on July 7, 2005 by EnergyAsia