Thursday, July 28, 2016

Export Decline Eased In June, Pointing To A Pick-up In 2Q Manufacturing Activities

Economic Research
28 July 2016

Economic Highlights

Thailand’s exports dipped 0.1% y-o-y in June, moderating from a 4.4% fall the month before, supported by enlarged shipments of cars, electronics and gold. Meanwhile, agricultural exports declined at a quicker pace than before, capping some of the upside. On the other hand, June imports plunged 10.1% y-o-y, from +0.5% the month before, dragged mainly by capital goods hinting that private investment is set to remain weak in 2H. As a result, trade balance returned a surplus of USD2.0bn, compared to USD1.5bn in May.

Economist:  Ng Kee Chou  | +603 9280 2179

To access our recent reports please click on the links below:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails