RHB | Thailand | Exports Contracted For Third Straight Month In March

Economic Research	29 April 2015
Thailand
Economic Highlights
Exports Contracted For Third Straight Month In March Thailand’s customs merchandise exports continued to fall for the third successive month, albeit by a smaller magnitude of 4.5% y-o-y in March, after declining by 6.1% in February and compared with -3.5% in January. The decline was worse than the median estimate of -3.5%, indicating the continued dismal outlook for exports after it contracted for the second consecutive year in 2014. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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