Thailand’s Unrest Wreaks Greater Damage Than Forecast: Economy

Thailand’s political turmoil is wreaking greater damage on the economy than analysts had estimated, raising the stakes for leaders of the nation’s two main political camps to reach an accommodation.

Gross domestic product shrank 0.6 percent in the three months through March from a year earlier, the National Economic & Social Development Board said in Bangkok today, compared to the median estimate for a 0.4 percent expansion in a Bloomberg News survey of 23 analysts.