BANGKOK – Office of Industrial Economics (OIE) deputy director Weerasak Suphaprasert said the outlook for industrial economic growth in 2016 will largely depend on the government’s economic stimulus measures, slow recovery of the global economy and prices of exported products.
Automobile industry is forecast to produce a total of approximately 2.15 million cars in 2016, about 900,000 of which will be for sales within the country and about 1.25 million others for export.
OIE has predicted that the industrial sector’s GDP in 2016 will grow by 1.5 – 2.5 percent while the Industrial Production Index in the same year will grow by 2-3 percent.
