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Economy

Thailand's economy slows amid export slump and political gridlock

Growth of 2.8% in the first quarter was lower than analyst projections

Overseas shipments from Thailand dropped 1.64% in the January-March amid thin global demand.   © Reuters

BANGKOK -- Thailand's economy continued to slow in the first quarter as the U.S.-China trade dispute hit exports and political uncertainty hangs over the nation.

Southeast Asia's second-largest economy expanded 2.8% from a year earlier, government data showed Tuesday. Thailand notched growth of 3.6% in the October-December period.

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