Export recovery poised to continue, says BoT
Improvement supported by higher demand from trading partners
Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.
In December, the value of merchandise exports grew by 4.6% year-on-year. For the fourth quarter of 2020, exports contracted by 1.5% year-on-year, improving from the third quarter’s 8.2% decline, said Pornpen Sodsrichai, senior director of the central bank’s…
