Thai economy looks strong in Reuters truck index

Newswire

By Vithoon Amorn BANGKOK, July 29 (Reuters) - Sales of one-tonne pick-up trucks in Thailand, seen as a guide to economic activity, are rising strongly, according to a new Reuters index that backs official data showing solid growth in gross domestic product. The Reuters Thai Pick-up Index shows sales trending higher by at least two percent a month since April to stand about 26 percent higher in June than a year earlier. The index is adjusted to minimise distortions due to seasonal ...

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