OIE predicts upturn in exports in fourth quarter | Bangkok Post: business

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OIE predicts upturn in exports in fourth quarter

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  • Newspaper section: Business
  • Writer: Nop Tephaval and Nanchanok Wongsamuth
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Exports are expected to improve for the rest of the year, but the key electronics sector will still show a year-on-year decline, says the Office of Industrial Economics (OIE). 

Director-general Somchai Harnhirun said exports in the last three months will probably improve due to seasonal demand, especially from European and US manufacturers.

August's manufacturing price index (MPI) fell by 3.12% from 178.91 basis points last year to 173.33, while it was down 0.54% from 174.27 in the previous month.

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