Thailand GDP Grows 3.0 in Third Quarter, Fastest Pace in Two Years

ECONOMIC GROWTH - BANGKOK. Thailand's economy expanded 3.0% in the third quarter from a year earlier, official data showed on Monday, the fastest pace in two years and beating the median forecast of 2.6% growth in a Reuters poll of analysts.

On a quarterly basis, Southeast Asia's second-largest economy grew a seasonally adjusted 1.2%, the National Economic and Social Development Council said. That was the fastest pace in 18 months, and above the poll forecast of 0.8% growth.