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Thailand: Exports drop 2.59% y/y

Exports in February dropped a bigger-than-expected 2.59% from a year earlier, weighed down by lower gold shipments, the commerce ministry said on Thursday.

The reading compares with a fall of 1.50% forecast in a Reuters poll and a 0.35% increase in January.

Excluding gold, exports would have increased 4.01% in February.

Source: https://www.bangkokpost.com/business/2089455/exports-drop-2-59-y-y