Thailand’s economy experienced a slowdown in the second quarter of 2026, according to the Bank of Thailand. Higher energy prices and disruptions to travel, stemming from the Middle East conflict, negatively impacted key sectors. Tourism suffered, alongside decreased household spending and a weakening manufacturing output. Despite these challenges, economic conditions showed signs of stabilization in June. Private consumption saw a modest increase of 1.1% from May, while private investment rose by 0.5%. These figures suggest a fragile recovery, heavily influenced by external factors and domestic energy costs. The Thai economy’s performance highlights its vulnerability to global events and energy market fluctuations.