World Bank sees slight flu impact on Thai economy

 World Bank's senior economist in Thailand Kirida Bhaopichitr said that the global economic condition carries higher weight on Thailand's economy than the flu.

 "The fourth quarter gross domestic product forecast remains positive, due to global recovery which would raise demand for Thai products. The flu impacts are apparent but slight, and the World Bank has not yet taken it into account in revising the forecast," she said.

 The World Bank expected the Thai economy to contract 2.7 per cent this year, which is a mild contraction thanks to persistent demand from major importing partners like China and India.