Thailand Shipping Report Q3 2013

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Thailand Shipping Report Q3 2013 Aug 14th 2013, 00:00 Price: $ 1295   BMI View: Resilient But Wobbly Growth Pattern The Thai economy grew very strongly in Q412, and then weakened abruptly in Q113. Year-on-year GDP growth in the last quarter of 2012 was a spectacular 18.9%, which then dipped to a below-consensus 5.3% in the first quarter of 2013. To some extent, this was to be expected. Given base effects (in Q411 the country was hit by devastating floods), the end-2012 growth number was always going to be somewhat offthe- scale. It was also boosted by one-off vehicle tax rebates and the government's costly programme of rice subsidies. In contrast, since the beginning this year, neighbouring countries have been easing down interest rates, making the Thai currency appear comparatively overvalued. With the exception of the booming automobile sector, exports are e ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/267072.html

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