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Sluggish economy starts growing faster.
Sep. 6--Thailand's economy grew by 4.4 percent year-on-year in the second quarter, a strong pickup from the 3.3 percent growth reported in the first quarter, according to the National Economic and Social Development Board. Growth rose 1.9 percent for the second quarter compared to the first, a strong rebound from the 0.7 percent decline posted in the first three months of the year. Domestic demand and a pickup in the tourism sector helped offset the impact of high oil prices and slowing exports.
The figures proved better than many forecasts that had been projecting quarterly growth of around 4 percent.
But the NESDB yesterday revised downward its full-year forecasts to a range between 3.8 percent and 4.3 percent compared ...
- RISING OIL PRICES TO HIT S KOREAN ECONOMY.
- News wire article from: AsiaPulse News March 3, 2000 700+ words
...industry to remain afloat. Higher oil prices will also pressure the auto industry...industries are also worried that high oil prices will cut into profits. The petrochemical...of its products by at least 10 percent if oil prices stay at their current level for...
- Oil prices and growth.
- Magazine article from: National Institute Economic Review Barrell, Ray Kirby, Simon April 1, 2008 700+ words
Over the past fifteen months oil prices have steadily risen from around $60 a barrel to over...sustainable position, as can be seen from our projections for oil prices. Oil prices are expected to fall back to $90 a barrel by the end of...
- High oil prices have benefits.(Local)
- Newspaper article from: The Virginian Pilot February 10, 2006 700+ words
...to do what higher oil prices can accomplish...sector, where 70 percent of oil is used...what can high oil prices do that America...prices. Fifth, high oil prices are raising consciousness...Ninety-three percent of Americans believe...
- Do high oil prices presage inflation? The evidence from G-5 countries.
- Magazine article from: Business Economics LeBlanc, Michael Chinn, Menzie D. April 1, 2004 700+ words
...growing body of evidence suggesting that oil prices may have asymmetric and nonlinear effects...traditionally thought to be more sensitive to oil prices than in the United States, is unlikely...countries. ********** Movements in oil prices have complicated the tasks of policymakers...
- A crude awakening; Oil prices.
- Magazine article from: The Economist (US) August 21, 2004 700+ words
...still has the power to shock. Crude oil prices surged to a record $47 a barrel this...and China are slowing. Could higher oil prices once again push the world economy into...much. Others, however, blame higher oil prices for the sharp slowdown in American consumer...
- Oil prices high, going higher; A nine-year peak in the price of crude shoots...
- Newspaper article from: The Christian Science Monitor Baldauf, Scott November 26, 1999 700+ words
...they will raise fares by 3 percent to cover fuel costs. A projected 40 percent increase in heating-oil prices over the next few months could...jubilation. Texas is about 75 percent less sensitive to oil prices than it was in 1982, but...
- Oil prices: prolonged levitation, potential collapse.
- Newspaper article from: Petroleum Intelligence Weekly March 20, 2006 700+ words
...must. It is widely claimed that current oil prices include a premium above the equilibrium...interruption. This makes buyers nervous, so oil prices jump sharply upward at any apparent or...remaining half is the reverse effect: high oil prices themselves contribute to geopolitical...
- No easy way to curb rising oil prices.
- Newspaper article from: Kyodo News International (Tokyo, Japan) April 17, 2005 700+ words
...nations are grappling with a spike in crude oil prices as it looms as a risk to the global economy...7 voiced more concern over costlier oil prices and their impact on the global economy...day talks in Washington. "Higher oil prices are a headwind and the expansion is less...
