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Thai Economy Grows Slower Than Estimated Amid Inflation Risk

  • 2Q GDP growth at 2.5% is below median estimate for 3.1% gain
  • Economy’s 2022 full-year growth seen in a range of 2.7%-3.2%
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The Thai economy grew at a slower pace than economists estimated last quarter as the fastest inflation in 14 years probably weighed on sentiment and offset gains from the return of foreign tourists.