Thai exports seen falling 5% year-on-year in June: Reuters poll
Reuters
Published Jul 19, 2019 04:09AM ET
BANGKOK (Reuters) - Thailand's customs-cleared annual exports likely declined for a fourth straight month in June, down 5.0%, a Reuters poll showed on Friday, after falling 5.79% in the previous month.
Imports in June are expected to have dropped 2.96% from a year earlier, after falling 0.64% in May, according to the median forecast of 11 analysts in the poll.
Thailand likely recorded a trade surplus of $830 million in June, compared with a surplus of $181.5 million in May.
The commerce ministry targets export growth of 3% this year, while the central bank has predicted zero increase amid rising global trade tensions.
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Written By: Reuters
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