# Thai Q3 GDP grows at best annual pace in years, despite soft domestic demand

> Thailand's third-quarter GDP grew 4.3 percent year on year, the fastest pace since Q1 2013 and well above the Reuters poll median of 3.8 percent. Quarter-on-quarter growth was 1.0 percent, with exports and tourism driving the recovery while domestic demand remained soft.

- Date: 2017-11-20 · published 2017-11-20T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/68246-thai-q3-gdp-grows-at-best-annual-pace-in-years-despite-soft-domestic-demand
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Stronger Thai export-led growth supports regional demand for feed and livestock products, but the effect on global grain and meal prices is modest.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- straitstimes.com: https://www.straitstimes.com/business/economy/thai-q3-gdp-grows-at-best-annual-pace-in-years-despite-soft-domestic-demand

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.