Thailand second quarter economy likely shrank by record 12%-13% year-on-year: central bank
Thailand’s economy may have shrank by 12%-13% in the second quarter from a year earlier due to the impacts of the coronavirous pandemic, the central bank said on Friday, in what could be a record contraction.
However, the economy had improved in June from the previous month following the easing of a lockdown to curb the spread, which has battered tourism and domestic activity.
