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Thailand's farm, manufacturing growth slow down in August.
Byline: Parista Yuthamanop
Oct. 1--Economic growth eased in August due to rising oil prices, declining farm income and manufacturing activity, according to the latest data from the Bank of Thailand.
However, Nitaya Pibulratanagit, an assistant central bank governor for the Financial Operations Group, said strong export and import performance would ensure that the economy continues its upward growth track.
The slowdown in August primarily stemmed from the 7.4 percent decline year-on-year in farm income, compared with a 14.5 percent increase recorded in July.
Manufacturing activity also slowed in August as several petrochemical and ...
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Source: HighBeam Research, Thailand's farm, manufacturing growth slow down in August.