Tuesday, July 28, 2015

RHB | Thailand | Exports Surprises With Another Sharp Dive

Economic Research
       28 Jul 2015
Thailand

Economic Highlights




Thailand’s customs merchandise exports nosedived in June, falling 7.9%y-o-y, compared to -5.0% in May, and     -1.7% in April. Industrial exports led the decline once again, with electronics and vehicle & parts shipments seeing softness. This was made worse by agricultural goods exports, which also declined at a quicker rate, dragged lower by free-falling rice exports.

Economist:  Ng Kee Chou  | +603 9280 2179


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