Thailand's Q2 GDP growth slowed to 1.9% (down from 2.8% in Q1), tracking the Finance Ministry's expectations. The slowdown reflects impacts from the Middle East conflict, elevated energy costs reducing purchasing power, and weakened domestic consumption. The government is deploying emergency borrowing and a 200-billion-baht energy transition program to stabilize the economy and ease the cost-of-living burden on households and SMEs.
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