Thailand's economy showed signs of a turnaround with its fastest quarterly growth this year, as the military government's stimulus spending and a rise in tourist arrivals offset weak local demand and exports.

Gross domestic product expanded 1 per cent in the three months through September from the previous quarter, the National Economic and Social Development Board (NESDB) said yesterday.

That compares with the 0.6 per cent median estimate in a Bloomberg News survey of 20 analysts. GDP climbed 2.9 per cent from a year earlier, more than the median forecast of 2.5 per cent in a separate survey.

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