Thailand exits recession as exports lead the way

Local Hua Hin and regional Thailand news articles and discussion.
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Spitfire
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Thailand exits recession as exports lead the way

Post by Spitfire »

Exports and GDP is up, also higher food prices/commodity prices have assisted SouthEast Asia's second largest economy escape recession.

http://www.bbc.co.uk/news/business-12520647

Inflation on the rise though, same with everywhere though maybe.
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JimmyGreaves
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Re: Thailand exits recession as exports lead the way

Post by JimmyGreaves »

Didn't even know Thailand was in recession. HH Ain't!
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Re: Thailand exits recession as exports lead the way

Post by PJG »

Saw on Bloomberg news this morning that Thailand's GDP growth for the last quarter was 1.25%. This prpbably explains why the Baht is remaining so strong.
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