Thai­land Q1 GDP ex­pands 3.3pc

New Straits Times - - Business -

BANGKOK: Thai­land’s econ­omy saw a slight pick-up in the first quar­ter of the year, data showed yes­ter­day, as the junta-run na­tion re­cov­ers from a dip caused by the re­cent death of its long-rein­ing king. The first three months of the year saw gross do­mes­tic prod­uct ex­pand 3.3 per cent year-on-year, up from three per cent the pre­vi­ous quar­ter. Eco­nomic plan­ning agency sec­re­tary-gen­eral Po­ram­e­tee Vi­mol­siri said growth was fu­elled by “the agri­cul­ture sec­tor, govern­ment spend­ing and growth in the ex­port sec­tor”.

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