Thai August exports rise 8.9% y/y, below forecast

[webfact]

FILE PHOTO: A view of the Port of Bangkok, Thailand, March 25, 2016. Picture taken March 25, 2016. REUTERS/Athit Perawongmetha/File Photo

 

BANGKOK (Reuters) - Thailand's exports rose a smaller-than-expected 8.93% in August from a year earlier, commerce ministry data showed on Friday.

 

That compares with a forecast for a rise of 13.5% in August in a Reuters poll and after July's 20.27% increase.

Earlier this week, Commerce Minister Jurin Laksanawisit said coronavirus restrictions had affected manufacturing and logistics.

 

(Reporting by Orathai Sriring and Kitiphong Thaichareon,; Editing by Ed Davies)

 

-- © Copyright Reuters 2021-09-24

 

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[Isaan sailor]

When the Baht falls—exports rise—pretty simple.  Why not encourage more of this?

[mikebell]

55 minutes ago, Isaan sailor said:

When the Baht falls—exports rise—pretty simple.  Why not encourage more of this?

Exactly.  I get more baht for my UK pension so I spend it locally.