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Thai Q3 GDP momentum cools, but exports show signs of recovery

Published Mon, Nov 21, 2016 · 09:50 PM

Bangkok

THAILAND's economy grew less than expected in the third quarter on slower consumption and government spending but early signs of an export recovery may help put growth on a firmer footing next year.

The central bank is expected to keep monetary policy accommodative through 2017 as South-east Asia's second-largest economy confronts outflow pressures from higher US interest rates, global trade policies and China's slowdown.

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