Central bank revises 2013 growth to 4.9 per cent

The Bank of Thailand has revised upward the economic growth forecasts for 2012 and 2013, shrugging off a number of bad signs to the economy including the fresh spike in the US dollar/baht rate.

The forecasts were revised up from 5.7 per cent to 5.9 per cent in 2012, while the 2013 figure is raised from 4.6 per cent to 4.9 per cent, as shown in the Bank of Thailand's Monetary Policy Report released Friday.

The Nation

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Source: http://www.news.thethailandlinks.com/2013/01/20/central-bank-revises-2013-growth-to-4-9-per-cent/