August exports fall 2.1% y-o-y, but trade surplus widens

August exports fall 2.1% y-o-y, but trade surplus widens

Thailand's August current account was a surplus of $3.99 billion, after July's surplus of $1.77 billion, the central bank said on Monday.

August exports dropped 2.1% from a year earlier, after rising 3.8% in July.

Imports in August declined 15.5% from a year earlier, after rising 0.9%.

August trade surplus was $3.58 billion, compared with July's $1.69 billion surplus

August private consumption was up 0.3% from the previous month, while private investment dipped 2.2%.

Thai central bank sees third-quarter economic growth higher than the second-quarter's 2.3% pace, an official said. 


Do you like the content of this article?
COMMENT (3)

Philippines unlikely to keep lockdown despite surging infections

The Philippines is unlikely to keep its capital and nearby areas under strict lockdown despite coronavirus infections rising by another daily record to over 136,000.

13:54

Taiwan FM says China trying to turn island into 'next Hong Kong'

TAIPEI: China is trying to turn democratic Taiwan into another Hong Kong, the island's foreign minister warned Tuesday as he met with a senior US official making a historic diplomatic trip.

13:45

Maserati extends Trofeo spice to 2020 Ghibli and Quattroporte

High-performance sedans get 590hp of Ferrari-tweaked power and shiny all-black interior.

13:06