World Economy

Thai Exports Rise

Thai Exports RiseThai Exports Rise

Exports from Thailand grew in March for the second consecutive month, but appear to have lost much of their steam following February’s unexpected jump, Yahoo reported. Exports grew 1.3% year-on-year in March according to customs-based export data from the Bank of Thailand, easily beating economist expectations of a 4.6% fall. However in February the gauge, which gives an early and widely-eyed snapshot of trade over the month prior, rose 10.7% in February–the first rise since December 2014 and a sharp turnaround from January, when they fell 8.91%. Imports fell 6.94% year on year.