Thailand’s economy experiences further slowdown

BANGKOK, 31 October 2013 (NNT) – Thailand has experienced continuous economic slowdown with no sign of recovery in sight, according to the Ministry of Finance.

Kulaya Tantitemit, Executive Director of the Macroeconomic Policy Bureau, said that in September Thai economy had been further sluggish in many key sectors. Consumption and export growth had further slowed down when compared to August.

The only sector experiencing expansion in September was tourism which has become the pillar of growth for Thai economy.

Read more: NNT

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