Saturday, March 3, 2012

Five-month data point to recovery in Q3.

Byline: Chatrudee Theparat

Jun. 19--Economic data for the first five months have shown promising signs of a recovery in the third quarter, according to economic policymakers.

Kosit Panpiemras, the industry minister and deputy prime minister, said the government's stimulus measures had begun to show results.

Exports and public consumption were crucial for driving economic growth in the first quarter. The National Economic and Social Development Board reported that the public consumption was 98.16 billion baht, up 11.2 percent from the same period last year, due to increases in government expenditures.

April imports also showed an increase in …

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