Thai Q3 GDP grows 3.0 y-o-y, fastest pace in two years


A woman carries clothes as she walks at the entrance of a night market in Bangkok. — AFP

BANGKOK: Thailand's economy expanded 3.0% in the third quarter from a year earlier, official data showed on Monday, the fastest pace in two years and beating the median forecast of 2.6% growth in a Reuters poll of analysts.

On a quarterly basis, Southeast Asia's second-largest economy grew a seasonally adjusted 1.2%, the National Economic and Social Development Council said. That was the fastest pace in 18 months, and above the poll forecast of 0.8% growth.

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