17 August 2026 | 3:48PM SGT Economics Research Thailand: Weaker consumption and public investment drag down activity in Q2 Bottom line: Thailand's economy weakened sharply in Q2, with real GDP growth slowing to 1.9% yoy, from 2.9% in Q1. Domestic demand weakened meaningfully, led by a decline in both private and public consumption. Although private investment rose strongly, the surge was broadly offset by a sharp decline in public investment. With the Q2 GDP outturn coming in slightly below our expectations ...

Jenny Zheng, CFA Economist Jenny.L.Zheng@morganstanley.com +852 3963-4015 August 17, 2026 01:31 AM GMT Investor Presentation | Asia Pacific M Idea Will 3Q Weakness Trigger More Stimulus This Fall? Morgan Stanley Asia Limited+ Robin Xing Chief China Economist Robin.Xing@morganstanley.com +852 2848-6511 For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report. Downloaded by zouguanzhong@cramc.hk Not for redistribution without written consent ...