SCB EIC downgraded Thailand’s 2023 growth forecast to 3.1% after lackluster outturns in Q2 and export contraction. Still, Thai economy will advance to 3.5% in 2024, amid uncertainties from China’s slowdown, drought, and government stimulus policy.
SCB EIC revised down the Thai economic growth outlook in 2023 to 3.1% (from 3.9%) due mainly to much lower-than-expected outurn in Q2 and continued export contraction. Still, there remains impetus…
