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Thailand’s customs trade deficit fell to just $597M in October, thanks to still-helpful seasonal effects...
...This masked an immediate reversal of the unsustainable bounce in exports in September.
Falling imports—in nominal and real terms—likely will drive the “improvement” in the trade balance.
Emerging Asia Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence