Thailand's GDP Growth Expected to Slow Amid Mideast Conflict -- Market Talk

Dow Jones03-25 15:44

0744 GMT - Thailand's GDP growth is expected to slow amid the Middle East conflict, CGS International economist Gun Hathaisattha writes in a note, as he cuts the country's 2026 GDP growth forecast to 1.6% from 1.9%. "The U.S.-Israel attacks on Iran have led to a binary risk profile in the oil market," the analyst says. A short-lived conflict could mean risk premiums fade, while a prolonged war would likely sustain or amplify price pressures. Bank of Thailand Gov. Vitai Rattanakorn also recently assessed that the war would hurt the country's GDP growth by 0.10% to 0.15% for every annual increase of $10 per barrel in oil prices.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

March 25, 2026 03:44 ET (07:44 GMT)

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