Stunted growth from political uncertainty | Bangkok Post: business

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Stunted growth on political uncertainty

Q1 figure to fall by up to 2%, say economists

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Thailand's first-quarter GDP is likely to have shrunk by up to 2% from the previous quarter, as the political unrest has added more woe to already-waning domestic consumption and investment, economists say. 

GDP growth in the second quarter is expected to pick up slightly, but there are concerns over export growth as the political vacuum hits economic confidence.

TMB Analytics economist Warapong Wongwachara forecasts GDP in the first three months will contract by 1-2% quarter-on-quarter, registering flat year-on-year growth.

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