(MENAFN) A 22-month streak of declining Thai factory output has ended, lifting hopes for an economic recovery, Gulf Times reported.
The government reported two encouraging pieces of data about the economy, which has long struggled to gain some traction and grew only 0.7 percent last year.
The Industry Ministry said factory output in Southeast Asia's second-largest economy in February rose 3.55 percent from a year earlier, the first increase since March 2013.
"The weakening economy reflects that the usual economic drivers are not really working anymore," said Sethaput, one of four committee members not from the Bank of Thailand.
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