Thailand reports improved economic conditions

seal-of-the-bank-of-thailand

The Bank of Thailand today (July 31) released details of the country's economic and monetary policies for June and the whole of the second quarter of 2012.

In a statement published on the central bank's website, Mathee Supapongse, senior director of the macroeconomic and monetary policy department, said that in general, the Thai economy had improved in Q2. However, exports and export-orientated production had no doubt been hit by the European debt crisis, the note said.

Private consumption had

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