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Thailand posts dismal full-year growth of 0.7% amid weak exports

Published Mon, Feb 16, 2015 · 09:50 PM
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Bangkok

THAILAND's economy grew less than expected in October-December and had full-year 2014 growth of only 0.7 per cent, as exports and consumption remained weak long after a May coup aimed at helping to spur recovery.

The poor performance in 2014 will put more pressure on the military junta to speed up infrastructure spending this year to lift growth in South-east Asia's second-largest economy.

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