Economy at risk of contraction in Q3: Krungsri Research
Thailand’s overall economy is at risk of contraction in the third quarter due to restrictions on economic activities to curb Covid-19 from spreading further, Krungsri Research revealed on Wednesday.
In its monthly economic report, Krungsri Research said the private sector’s consumption index in July contracted -5.3 per cent from the previous month after weakened purchasing power due to restricted economic activities under the government’s anti-Covid orders.
The Nation Reporter
