The Thai economy is projected to recover more slowly than previously assessed
as a result of weaker-than-expected domestic. Spending while inflationary pressure is
projected to decrease from previous forecast mainly from lower world oil, prices. Major
developments contributing to the MPC 's forecast revisioninclude (1) the slower-than-expected
.Global economic recovery due to growth moderation in China and Asia, (2) lower-thanexpected
domestic demand in Q4 2014 and. January 2015, (3) more delays to government
spending, than expected especially in public, investment and (4 lower-than-expected.) World
oil prices.
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