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Thailand: Weaker consumption and public investment drag down activity in Q2-20260817
高盛· 2026-08-17 17:07
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 ...