Macroeconomics

Thai Exports Rise for Second Month in May, Beat Forecast

June 21, 2024, 03.23 PM | Source: Reuters
Thai Exports Rise for Second Month in May, Beat Forecast

ILUSTRASI. A tractor drives past at a rice drying yard at an export rice plant in the central Chainat province in Thailand.

THAILAND - 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.

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