Thailand's Growth Headwinds Persist Despite Fiscal Package -- Market Talk

Dow Jones
05/28

0359 GMT - Thailand's economic growth headwinds still persist despite the government's recent fiscal package, UOB economists say in a note. Domestic demand remains uneven, while energy-shock risks weigh on consumer sentiment and employment. The new co-payment scheme, which aims to ease the cost of living and stimulate the local economy, should be seen as a targeted fiscal shock absorber rather than a classic demand-boosting stimulus. UOB maintains Thailand's GDP growth forecastat 1.5% in 2026 and 2.4% in 2027, compared 2.4% expansion recorded in 2025. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

May 27, 2026 23:59 ET (03:59 GMT)

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