Thailand's economy grew at a softer pace in the second quarter, the National Economic and Social Development Council said Monday.Gross domestic product expanded 2.8 percent year-on-year in the second quarter, slower than the 3.2 percent growth posted in the first quarter. On a quarterly basis, GDP growth slowed to 0.6 percent from 0.7 percent in the first quarter. On the expenditure side, househol...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.