Thailand’s economy shrank at a slower pace in the third quarter, the National Economic and Social Development Council, or NESDC, reported Monday.
Gross domestic product fell 6.4 percent on a yearly basis in the third quarter, slower than the 12.1 percent decline posted in the second quarter. GDP was expected to shrink 8.6 percent.
On a quarterly basis, GDP expanded 6.5 percent, in contrast to a 9.9 percent fall in the preceding period. Economists had forecast a moderate growth of 3.8 percent.
The government forecast the economy to grow within the range of 3.5 – 4.5 percent next year.
The headline inflation is expected to be in a range of 0.7 – 1.7 percent and the current account tends to register a surplus of 2.6 percent of GDP in 2021.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.