Thailand's economy rebounded at a faster-than-expected pace in the fourth quarter, underpinned by foreign demand and government spending, the National Economic and Social Development Council said on Monday.
Gross domestic product grew 1.9 percent on a yearly basis, reversing the 0.2 percent fall in the third quarter. The rate also exceeded the economists' forecast of +0.7 percent.
Quarter-on-quarter, GDP expanded 1.8 percent, following a 0.9 percent fall a quarter ago. GDP was forecast to climb 1.4 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.