Thai growth likely slowed in first quarter on weak investment and consumption: Reuters poll
Economic growth in Thailand likely slowed in the first quarter, weighed down by subdued private investment, weaker household consumption and a drop in tourism, according to a Reuters poll of economists. Southeast Asia's second-largest economy was forecast to expand 2.9% on average in the three months to March 31 from the same period a year earlier, the May 8–14 poll of 20 economists showed. Tepid domestic demand and softening tourist arrivals from China were partly cushioned by stronger exports and higher government spending, a Bank of Thailand report said late last month.
Reuters
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59 minutes ago
