Bloomberg News

Thailand Will Cut Growth Estimate on Flooding, Yingluck Says

October 11, 2011

Oct. 11 (Bloomberg) -- Thailand will need to cut its forecast for economic growth this year because of the impact of nationwide flooding, Thai Prime Minister Yingluck Shinawatra said, without giving any figures.

Flooding in Ayutthaya province has caused as much as 60 billion baht of damage to the Rojana Industrial Park, Yingluck told reporters in Bangkok today.

To contact the reporter on this story: Suttinee Yuvejwattana in Bangkok at suttinee1@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net


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