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BANGKOK - Thailand's economy grew by a weaker-than-expected, seasonally adjusted 1.3 percent in the third quarter, its second straight quarterly expansion after a brief recession early this year.
Economists said the data painted the picture of a gradual pick-up, but there were doubts about the strength of the recovery in the global economy, needed to ensure export growth, and domestic political instability was also a concern.
One economist said the data supported the view that interest rates would start to rise from record lows around the second quarter of next year, and rise by one point to 2.25 percent by the end of 2010.
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