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

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.

Exports posted their first annual growth in seven quarters in July-September, but analysts said reduced consumer spending in the wake of mourning for King Bhumibol Adulyadej who died on Oc…