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October economic numbers fall in Thailand.
Byline: Parista Yuthamanop
Dec. 1--Domestic consumption and private investment both lagged in October, the result of sagging consumer and business confidence, according to the latest economic figures from the Bank of Thailand.
But exports reached a new record in October, at $8.9 billion, up 22.1 percent from the year before. Gains were recorded for most categories, including agriculture, automobiles and parts, steel, plastics and electrical appliances.
Amara Sriphayak, the director of the central bank's Monetary Policy Group, said private investment slowed down in October from the previous month as a result of rising costs and lagging sentiment. ...
- Bangkok Post, Thailand, Guest Column.
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- Private investment remains steady.
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