TRADE
Exports rise 16% in October amid flood recovery
- Published: 27 Nov 2012 at 00.00
- Newspaper section: Business
Thai exports are expected to end this year at 4.5-5% growth after shipments climbed at the fastest pace in more than a year in October as the economy recovered from last year's floods and global demand improved.
Shipments rose 15.57% last month from a year earlier to US$19.52 billion after climbing only 0.2% in September.
Srirat Rastapana, director-general of the International Trade Promotion Department, said the recovery of the industrial sector after the floods, signs of recovery in the US economy and growing shipments to new markets helped lift exports.
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