The Thai economy registered a faster-than-expected growth in the first quarter underpinned by exports, household spending and investment.
Gross domestic product posted an annual growth of 2.7 percent after expanding 1.4 percent in the preceding quarter, the Office of the National Economic and Social Development Council reported Monday. GDP was expected to grow 2.3 percent.
Quarter-on-quarter, GDP grew 1.9 percent, reversing a 1.1 percent fall in the prior period. This was also faster than the 1.7 percent economists' expectations.
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by Renju Jaya
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