Q4 growth in Bangkok, Central region badly affected
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The unprecedented flood crisis has hit Bangkok and Central Thailand the hardest in the fourth quarter, though the Northeast and the South have continued enjoying higher economic growth, the Thai Chamber of Commerce University’s research centre said Thursday.
The gross domestic product (GDP) in Bangkok and the Central region is expected to contract sharply by 7.8 per cent year on year, Thanavath Pholvichai said.
Thanavath is the director of the university’s Centre for Economy and Business Forecasting.
The Nation
