September 20, 2019 / 3:59 AM / 24 days ago

Thai Aug exports fall 4% y/y, worse than forecast

BANGKOK, Sept 20 (Reuters) - Thailand’s customs-cleared exports dropped 4% in August from a year earlier, after unexpectedly rising in the previous month, the commerce ministry said on Friday.

The decline in August was bigger than a Reuters poll forecast of a 2% fall in shipments, the main driver of Thai growth, and compared with an increase of 4.28% in July.

$1 = 30.52 baht Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Christian Schmollinger

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