Thailand GDP growth disappoints as exports weaken

Economy expanded 1.5% in Q3, falling short of market expectations

20231120 BKK

Tourists visit Wat Arun temple in Bangkok in October. A recovery in tourism toward the end of the year will be a boon for the economy. (Photo by Ken Kobayashi)

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Thailand's economy continued to slow in the July to September quarter from a year earlier, slipping to 1.5% growth as exports declined.

Third quarter gross domestic product announced by the National Economic and Social Development Council on Monday was down from 1.8% in the April to June quarter.

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