Tuesday, 15 November 2011

Flood cuts agricultural GDP

Thailand's agricultural gross domestic product is expected to grow less than one per cent on the back of the country's worst flooding in half a century, Office of Agricultural Economics secretary-general Apichart Jongskul said Tuesday.

Mr Apichart said the initial growth target was three to four per cent.

Total damage to the agriculture sector would be at least 72 billion baht, he said.

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