The Thai economy registered a faster-than-expected growth in the first quarter underpinned by exports, household spending and investment.
Gross domestic product posted an annual growth of 2.7 percent after expanding 1.4 percent in the preceding quarter, the Office of the National Economic and Social Development Council reported Monday. GDP was expected to grow 2.3 percent. Quarter-on-quarter, GDP grew 1.9 percent, reversing a 1.1 percent fall in the prior period. This was also faster than the 1.7 percent economists' expectations.
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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.