Thailand’s exports surged by 19.0% year-on-year, significantly higher than the previous month’s increase of 5.8%. This marks a substantial rise, reflecting a strong upward trend in the country’s export activities.
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The actual export growth of 19.0% far exceeded analyst estimates of 9.0%, suggesting a robust demand for Thai goods abroad. This unexpected jump is likely to boost investor sentiment, particularly benefiting sectors such as manufacturing and logistics. The market impact is expected to be more sentiment-driven in the short term, as investors reassess growth prospects and potential policy adjustments.
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