Core Insights - Thailand's Ministry of Commerce reported a year-on-year increase of 18.0% in imports for May based on customs data [1] Group 1 - The significant growth in imports indicates a robust demand for foreign goods in Thailand, reflecting potential economic recovery and consumer confidence [1]

Group 1 - Indonesia's imports in April increased by 21.84% year-on-year [1] - The total import value from January to April reached $76.29 billion, reflecting a year-on-year growth of 6.27% [1]

Core Viewpoint - The U.S. GDP growth rate for the first quarter has been revised to -0.2%, up from an initial estimate of -0.3%, indicating a contraction in the economy for the first time since 2022 due to weak consumer spending and higher-than-expected import growth [1] Economic Indicators - The final GDP data is expected to be released next month, with the initial report indicating a contraction [1] - Consumer spending, a key driver of economic growth, increased by 1.2%, revised down from an initial estimate of 1.8% [1]

Group 1 - Thailand's imports in April increased by 16.1% year-on-year based on customs data, significantly higher than the market estimate of +8.5% [1] - Thailand's rice export volume in April decreased by 37.3% year-on-year [1]

Group 1 - The core point of the article is that the Philippines' imports in March increased by 11.9% year-on-year, surpassing the expected growth of 8.8% [1]