The Thai economy signalled a mild recovery last month after a lacklustre first half, says a senior finance official.
"The turning point of the slowdown appeared in July. We will monitor whether the sign is sustained," said Ekniti Nitithanprapas, deputy director-general of the Fiscal Policy Office (FPO).
Thailand's economy slipped into a technical recession when gross domestic product (GDP) shrank 0.3% quarter-on-quarter in the second quarter after a revised 1.7% quarter-on-quarter decline in the first quarter.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.