THAILAND’S economy expanded 1.5 percent in the third quarter from a year earlier, official data showed today (Nov. 20), slower than expectations.
On a quarterly basis, Southeast Asia’s second-largest economy grew a seasonally adjusted 0.8 percent in the July-September quarter, data from the National Economic and Social Development Council showed.
Economists in a Reuters poll had expected gross domestic product (GDP) to expand 2.4 percent year-on-year and 1.2 percent quarter-on-quarter.
Top: A vendor sells pork at her stall at a market as Thailand is to inject 500 billion baht into the economy next year through its digital wallet policy, in Bangkok, Thailand, on October 2, 2023. File photo: Reuters/Athit Perawongmetha and published by CNA
Front Page: A view of Khlong Toei port on May 26, 2016. File photo: Reuters/Jorge Silva