The economy expanded 0.8% quarter-on-quarter, compared with a median estimate for a 1% growth. GDP rose 1.1% in the January-March period, based on an earlier report.
Thailand’s economy expanded faster than expected last quarter, aided by tourism, although the outlook remains fraught with risks after a leadership change last week has made the fate of a key stimulus program uncertain.
Gross domestic product in the three months through June rose 2.3% from a year earlier, the National Economic and Social Development Council said Monday. That compares with the 2.2% median estimate in a Bloomberg News survey and a 1.5% pace reported earlier for the first quarter.
