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Heavy rainfall has caused widespread flooding in Thailand, affecting 41 provinces since mid-month. The floods have resulted in 8 deaths and damage to more than 580,000 homes. The inundation has submerged residential areas and disrupted drainage systems, forcing thousands of residents to seek refuge in temporary shelters amid large-scale evacuations in the eastern regions due to fears of dam overflows. The initial economic losses are estimated at approximately 12.3 billion baht (327 million USD), with expectations that this will reduce GDP growth by about 0.3 percentage points, bringing it down to 2.1% for the year.
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