Arab Today, arab today thailand economy expands more than expected in q1
Last Updated : GMT 05:27:31
Arab Today, arab today
Arab Today, arab today

Thailand economy expands more than expected in Q1

Arab Today, arab today

Arab Today, arab today Thailand economy expands more than expected in Q1

Thailand economy expands more than expected in Q1
Bangkok - QNA

Thailand's economy outpaced expectations in the first quarter to expand at the fastest annual rate in three years, providing some relief for a military government that has struggled to stimulate growth in the two years since it seized power.

    Gross domestic product expanded 3.2 per cent in the three months through March from a year earlier, the National Economic and Social Development Board said on Monday. That compares with the 2.8 per cent median estimate in a Bloomberg News survey of 21 analysts. GDP grew 0.9 per cent from the previous three months, compared with 0.6 per cent median estimate.

    However, exports are expected to shrink for a fourth year running and consumption crimped by high household debts and the worst drought in a decade. For that, economists say the government may have to inject more fiscal stimulus to prevent economic momentum stalling.

    The Thai economy has yet to mount a firm recovery two years after the military ended months of political unrest with a coup. The two main drivers of growth - exports and domestic demand - remain weak.

    Bank of Thailand (BoT) Governor Veerathai Santiprabhob expects the economic recovery to be gradual and uneven, and last week cited risk from drought.

The upside surprise in the GDP data will allow the central bank to stay on hold for a while longer but it could act later if growth falters, economists say.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today thailand economy expands more than expected in q1 Arab Today, arab today thailand economy expands more than expected in q1

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Hamas leader accuses Israel

GMT 11:43 2017 Tuesday ,28 March

Hamas leader accuses Israel
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday