Economics

Thai Economy Dips Smaller Than Expected as Recovery Starts

  • GDP in third quarter slipped 0.3% y/y, vs est. for 1.3% drop
  • Economy seen entering a recovery as Covid restrictions eased
Photographer: Luke Duggleby/Bloomberg
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Thailand’s economy last quarter suffered a smaller contraction than expected, with the Southeast Asian nation on track to rebound from the worst of the pandemic.