Thailand's GDP Growth Forecast Lowered Amid Middle East Conflict Impact
Thailand's central bank has reported a slowdown in the country's GDP growth during the first quarter, attributing the deceleration to the ongoing conflict in the Middle East. According to Jin10, the central bank anticipates that the GDP growth rate may further decline in the second quarter. Consequently, the bank has revised its baseline GDP growth forecast for 2026 down to 1.3%, a decrease from the 1.9% projection made in December of the previous year.
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