BENGALURU: Thailand’s economic growth slowed in the fourth quarter as reduced exports and factory activity, together with tightening monetary conditions, curbed private consumption, a Reuters poll of economists found.
Growth in Southeast Asia’s second-largest economy was forecast at 3.5% year-on-year in the October-December period, down from 4.5% growth in the prior quarter, according to the median forecast of 19 economists polled Feb. 9-15.
On a quarterly basis, gross domestic product (GDP) was forecast to have grown a seasonally-adjusted 0.5%, a significant slowdown from 1.2% in the…
