Slower Q2 growth close to ministry's earlier estimate
The slower economic growth in the second quarter was close to the Finance Ministry's previous estimate and confirmed the outlook anticipated by the economic team, particularly regarding the impact of the Middle East conflict, which began in late March and affected the economy in waves throughout the second quarter, says the finance minister.
Economic expansion in the second quarter slowed to a rate nearing the Finance Ministry's earlier prediction, aligning with the team's forecasts, especially concerning the Middle East conflict's impact. The conflict, which erupted late March, disrupted the economy in stages throughout the quarter. The finance minister confirmed this outlook, stating that the slower growth was close to the ministry's initial estimate.
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- Slower Q2 growth close to ministry's earlier estimate bangkokpost.com
