Thai Floods to Cost Economy $1.9 Billion, Moody’s Analytics Says

Thailand’s flooding will probably cost the nation’s economy $1.9 billion, Fred Gibson, an associate economist at Moody’s Analytics, said in a note today. The inundation will disrupt industrial production and increase near-term inflation, he said. Moody’s Analytics kept its Thai economic growth estimate at 3.7 percent for 2011 and 3.9 percent in 2012.

To contact the reporter on this story: Anuchit Nguyen in Bangkok at

To contact the editor responsible for this story: Sunil Jagtiani at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.