Pantheon Macroeconomics

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21st Aug 2023 16:30Emerging Asia, Daily Monitor

  • Thai GDP growth slowed to 1.8% year-over-year in Q2, from 2.6% in Q1, well short of expectations.
  • Still-punchy consumption helped avert an outright quarterly contraction, but spending is on thin ice.
  • Exports continue to face a rocky short-run outlook, though capex should reawaken by year-end.

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Keywords for: 22 August 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence