Sunday, 03 June 2007

Thailand's First-Quarter Economic Growth Faster Than Expected on Exports

(Bloomberg) -- Thailand's economic growth expanded
faster than economists expected in the first quarter as rising
exports of rubber, hard disk drives and automobiles countered a
slump in consumption and investment.

Southeast Asia's second-biggest economy expanded 4.3
percent in the three months ended March 31 from a year earlier
from a revised 4.3 percent in the previous period, the
government said in Bangkok today. Economists in a Bloomberg
survey estimated expansion of 3.7 percent.


Read more at Bloomberg Emerging Markets News

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