Thailand's GDP grew 1.9% in Q2 2026, down from 2.8% in Q1, close to the Finance Ministry's earlier forecast. The Middle East conflict drove up energy and goods prices: inflation rose to 2.7% from -0.5% and private consumption slowed to 1.9% from 3.3%. The current-account deficit reached US$17.6 billion. The government is still running the Thais Help Thais Plus relief programme, with the next phase to be decided after the first phase ends in Q3. For a small business, expect weaker customer purchasing power and higher input costs into the final quarter; plan cash flow and pricing conservatively.