Thailand’s economic recovery softened in the second quarter of 2023. Official data released on Aug 21 by the National Economic and Social Development Council showed real gross domestic product (GDP) growth edged down from 2.6% year-on-year in the first quarter of 2023 to 1.8% in the second quarter.
The performance was significantly below the consensus estimates of 3.1% and our growth projections of 2.9%….
