Thailand’s exports contracted less than expected in May, as higher industrial goods shipments and a weakening baht helped offset some of the impact of sluggish global demand, the Ministry of Commerce said on Tuesday.
ThThe dollar value of customs-cleared exports declined 4.6% in May from a year earlier, better than a forecast for an 8% year-on-year drop in a Reuters poll. Exports were up 12% in value from April.
