Thai Q1 GDP growth beats forecast

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Thai Q1 GDP growth beats forecast
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Thai Q1 GDP grows 2.7% y/y, beats expectations

BANGKOK : Thailand's economy expanded faster than expected in the first quarter, official data showed on Monday, helped by a rebound in private consumption and tourism which will help counter a slowdown in exports.

Economists in a Reuters poll had expected gross domestic product to expand 2.3 per cent year-on-year in the January-March period after increasing 1.4 per cent in the previous three months.

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