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Photo Release: KResearch revises downward its 2019 economic projection to 3.7 percent

          Recently, at Phahon Yothin Building, Dr. Charl Kengchon, KResearch Managing Director, led his team to deliver a panel discussion on "Measuring the Thai Economic Temperature after Election" has revised downward its growth forecast for the 2019 Thai economy to 3.7 percent, or within a band of 3.2-3.9 percent, from the 4.0 percent pace before. The new economic growth projection reflects an expected slowdown in Thai exports resulting from the economic downturn in Thailand's key trade partners. KResearch has also cut its export growth projection for 2019 to 3.2 percent from previously 4.5 percent, and its 2019 import growth forecast to 4.3 percent from 5.3 percent.