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Thailand economy boosted by manufacturing

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Thailand’s economy has grown for a second straight quarter, boosted by a strong recovery in the country’s manufacturing sector.

South-east Asia’s second largest economy grew by 1.3% between July and September from the previous quarter, official figures showed.

However, the rate of growth was less than economists had predicted.

Thailand’s economy was hit hard by the global downturn as well as by political unrest at the end of 2008.

Manufacturing grew by 2.6% in the quarter, the figures from the National Economic and Social Development Board (NESDB) showed.

(BBC News)


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