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Bangkok Post
Bangkok Post
Business

Jan exports fall by more-than-forecast 4.5% y/y

Bangkok Post file photo

Thailand's customs-based exports fell for a fourth straight month and more than expected in January as global demand slowed, with shipments expected to contract further in the first half of the year, the Commerce Ministry said on Thursday.

Exports, a key driver of growth, dropped 4.5% in January from a year earlier, worse than a 1% fall forecast in a Reuters poll, but better than December's 14.6% year-on-year slump.

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