
Economy
Thai Economy Slows in Q2 as Energy Costs and Travel Disruptions Hit Tourism
Thailand's economy slowed in the second quarter as higher energy prices and travel disruptions linked to the Middle East conflict weakened tourism, household spending, and manufacturing, according to the Bank of Thailand. While some indicators improved in June, the full-year growth forecast remains at 2.3%.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Thai Economy Hits Lowest Point in Q2 Before Expected Recovery
Thailand's economy likely hit its weakest point in Q2 due to high energy prices and Middle East conflict disruptions, but is expected to recover in Q3, according to the Bank of Thailand. Exports and investment remain strong.