#Thailand may now be in 'technical #recession'
"Thailand’s #economy may have slipped into a #technicalrecession with gross domestic product estimated to have #contracted in two consecutive quarters, according to Pongnakorn Pochakorn, a macroeconomics #expert at the #Fiscal #Policy Office.. The FPO had, as of Jan 30, projected 3% growth for the Thai economy this year, citing r major positive factors, namely #public #consumption, #exports, #tourism & #investments, he said"
https://www.bangkokpost.com/business/general/3003044/thailand-may-now-be-in-technical-recession

On the European side, the UK economy contracts by 0.3% quarterly in Q4 2023, falling short of expectations and entering a technical recession. Annual contraction at 0.2%. #UK #Economy #GDP #TechnicalRecession