Thailand's economic growth accelerated more than expected in the fourth quarter on strong domestic demand, official data revealed Monday.
The annual growth in gross domestic product more than doubled to 2.5 percent in the fourth quarter from 1.2 percent in third quarter, the National Economic and Social Development Council, or NESDC, reported. Economists had forecast the rate to ease to 1.0 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.