Thai exports rise for second month in May, beat forecast


BANGKOK: Thailand's exports rose for a second straight month in May, with a much faster annual pace than analysts' expectations, data showed on Friday, and the commerce ministry said they should continue to rise this year.

Customs-cleared exports increased 7.2% in May from a year earlier, according to official data, the highest rate in four months, beating a forecast for a 1.89% increase in a Reuters poll, and against April's 6.8% increase.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thailand , exports

Next In Business News

High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor

Others Also Read