Weak April export, output data shows Thai army faces tough test


  • World
  • Wednesday, 28 May 2014

BANGKOK (Reuters) - Thailand's trade shrank in April and factory output fell for a 13th straight month, underscoring the damage political unrest has caused and the tough job the new military government faces reviving an economy that contracted in the first quarter.

Exports, which account for more than 60 percent of Thai gross domestic product, fell 0.9 percent in April from a year earlier, according to Commerce Ministry data. That compared with the forecast in a Reuters poll for an increase of 0.5 percent.

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