Thai January export growth seen speeding up to 11 percent year-on-year: Reuters poll

Reuters

Published Feb 20, 2018 04:03AM ET

Thai January export growth seen speeding up to 11 percent year-on-year: Reuters poll

BANGKOK (Reuters) - Thailand's customs-cleared annual exports in January likely grew at a faster pace than in the previous month, a Reuters poll showed, as global demand remains strong.

The poll's median forecast was for exports, a key driver of Thai growth, to increase 11.05 percent in January from a year earlier.

In December, exports rose 8.6 percent from a year earlier.

The commerce ministry targets export growth of 8 percent this year after a 9.9 percent rise in 2017, despite a strong baht , which is hovering near four-year highs.

January imports may have risen 15 percent from a year earlier after jumping 16.6 percent in December, the poll showed.