Thailand does not account for the growth of q-o-q in Q3, y-o-y 3.3%, Government and Economy sub-introduction

Mon, November 19, 2018 – 11:13 AM

[BANGKOK] Thailand's economy failed to grow in July from the previous quarter, Opposition to expect to grow a little bit; despite the most beautiful exports and tourism. The second largest economy in South-East Asia did not show any expansion in July since the previous three months on a quarterly basis of renewal, and data was released on Monday.

The seasonal reading was the weakest since the first quarter of 2014, when the economy traveled 0.4 per cent.

The Reuters vote pre-reporting for September is 0.6 per cent, compared with 0.9% of the previous three months.

All of the strategies were for some progress in the latest version.

Each year, the 3.3% increase in July, the Economic and Social Development Board (NESDB) said. An economic statement was 4.2 per cent.

The Monday planning group progressed the GDP growth strategy rate 2018 to 4.2 per cent instead of the previous 4.2-4.7 per cent. It is currently expected that an export will increase 7.2 per cent this year, instead of 10.0 per cent.

For 2019, its organization aims to grow by 3.5-4.5 per cent, with exports rising by 4.6 per cent.

Analysts are communicated by Reuters to confirm 4.5% GDP growth this year and 4.2 per cent in 2019.

The year's pace was 3.9 per cent, the best in five years.

REUTERS