Thailand’s economic growth slows to 1.8% in Q2 ...Middle East

BANGKOK: Thailand’s economy expanded 1.8 per cent in the second quarter as tourism picked up pace amid weak exports due to the global economic slowdown, the country’s economic planning agency said Monday, reported Xinhua.This marked a seventh straight period of expansion, easing from a 2.6 per cent growth in the first quarter, which was revised down from 2.7 per cent stated earlier, according to the data released by the Office of the National Economic and Social Development Council (NESDC).The Thai economy was primarily driven by increasing private consumption despite the slowdown in private investment and the export of services. Meanwhile, merchandise exports, public investment, and governm

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