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. 

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