Economists Cut Thai, Malaysian Growth Forecasts on Trade Turmoil
Malaysia’s central bank said earlier this month that it has policy room to act, as it expects growth to fall below the official forecast this year.
Photographer: Samsul Said/BloombergEconomists have slashed forecasts for growth in Malaysia and Thailand as the export-dependent economies grapple with US President Donald Trump’s global trade war.
Thailand’s gross domestic product is set to expand 2.1% in 2025, according to the median prediction of 27 economists Bloomberg surveyed in May. That’s lower than the 2.8% expected in a February survey, and below last year’s 2.5% growth.