Tuesday, October 27, 2015

RHB | Thailand | Slower Decline In Merchandise Exports As Industrial Shipments Recover

Economic Research
       27 Oct 2015
Thailand

Economic Highlights




Thailand’s customs merchandise exports decline moderated to 5.5% y-o-y in September, recovering slightly from its 6.7% drop in August. The improvement was driven by industrial exports, which fell at a slower rate of 1.9% y-o-y, following a 3.2% slip the month before. Meanwhile, agricultural exports worsened after dropping 9.9% y-o-y, compared -8.0% in August and mitigated some of the upside.

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