Thai exports seen contracting 10% y/y in Q1 - shippers' group

Kitco Media
By Reuters
Published:
Updated:
Reuters
BANGKOK, April 4 (Reuters) - Thailand's exports are likely to show a contraction of 10% in the first quarter of this year from a year earlier, bigger than a previous forecast drop of 8%, the country's shippers' council said on Tuesday. The global economy was slowing and a recovery in China's economy was not as fast as expected, Chaichan Chareonsuk, chairman of the Thai National Shippers' Council, told a news conference.



(Reporting by Orathai Sriring and Satawasin Staporncharnchai; Editing by Ed Davies)

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