Thailand’s economy grew by 3.0% during the 3rd quarter says the National Economic and Social Development Board (NESDB) in its Economic Outlook, with a projection for full year growth of 5.5%. Growth was due to acceleration in private consumption and government expenditure, as well as private investment. On the production side “…the expansion was supported by the growth of non-manufacturing production, especially agricultural, construction, retail sales, and hotels and restaurants sectors which continue to achieve high growth.” |