Economic Research
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29 November 2016
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Thailand
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Economic
Highlights
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Thailand’s exports eased to a contraction
of 4.2% y-o-y in October, from a 3.4% gain the month before, dragged by
contractions in both agricultural and industrial shipments.
Industrial exports fell 2.7% y-o-y,
from +4.2% the month before, dragged by weaker demand in key sectors such as
vehicles, electronics and electrical equipment. Similarly, agricultural
shipments slumped 8.1 y-o-y, compared to +1.9% in September.
We project for export growth to remain flat this year, before slipping
1.6% in 2017, on the back of a challenging external economic environment.
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Tuesday, November 29, 2016
Exports Slump In October, Imports Of Industrial Inputs Surge
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