Thailand's economy expanded at a weaker pace in the first quarter, the latest figures from the National Economic and Social Development Board showed Monday.
The gross domestic product expanded 5.3 percent year-on-year in the first quarter of 2013 compared to 19.1 percent growth in the fourth quarter of 2012. This was also weaker than the 6 percent growth expected.
Growth in private consumption, government spending, investment and exports slowed down sharply in the first three months of the year, data showed.
After seasonal adjustment, GDP decreased 2.2 percent on the quarter-by-quarter basis.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.