Pantheon Macroeconomics

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27th Jun 2023 10:44Emerging Asia, Daily Monitor

  • Thai exports unwound further in May from the March leap, with the China pop vanishing overnight.
  • Net merchandise trade likely will remain a drag on quarterly GDP growth in Q2, if June isn’t any better.
  • A rerun of the 2022 slump is unlikely, though, with orders stabilising and the baht still very competitive.

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Keywords for: 28 June 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence