Thailand economic growth slows in June
Industrial production declined, with automotive production consistent with the fall in exports and domestic sales, the Bank of Thailand said in a statement.
Exports, a key driver of the economy, grew 16.1% in June from a year earlier, while imports rose 13.8%, resulting in a trade account surplus of $3.3 billion, it said.
Thailand posted a current account (THCURA=ECI), opens new tab surplus of $2.4 billion in June, the BOT said.
Private investment in June rose 0.7% while private consumption dropped 0.3% from the previous month, the BOT said.
In the second quarter of 2025, Southeast Asia's second's largest economy is expected to have grown at a similar pace to the first quarter, the central bank said.
In June, the central bank lifted its central-case growth forecast to 2.3% for 2025, nearly equaling last year's expansion of 2.5%.
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