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Confidence levels in the Thai economy continue to rise

Consumer confidence in Thailand is riding high. In fact it’s at its highest level in over 5 years. A growing economy and better prices for farm products is believed to be part of the continuing confidence. Regions in the country which have a high level of manufacturing or tourism are reaping the benefits of the growing economy. A survey by the University of the Thai Chamber of Commerce says that the rate of export growth in June and July this year is up over 8% when compared to the same time last year. In baht-terms, that represents a rise of 4.1%, year-on-year. The survey says that exports have continued to rise for the 17th month in a row. Exports to almost all markets are on the rise. The only exceptions are the Middle East and US. But ASEAN countries, India, Russia and Japan are all recording double-digit expansion. The University is forecasting an economic growth rate in the next 12 months to be up to 5%, a rise from past forecasts. The post Confidence levels in the Thai economy continue to rise appeared first on The Thaiger.... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, Confidence levels in the Thai economy continue to rise, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you Confidence levels in the Thai economy continue to rise

 

 

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Published By: Phuket Gazette - Tuesday, 4 September, 2018

 

 

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