THAILAND's exports dropped 22.5% in May from a year earlier, the biggest decline since 2009, underlining the toll the virus pandemic is taking on the nation’s trade-reliant economy.
May’s plunge in shipments exceeded all but one of the 16 projections in a Bloomberg survey, whose median estimate was for a decline of 5.75%. The country was under a lockdown last month to tackle the novel coronavirus.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
