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  • Thailand’s trade deficit blowout in April was caused to a large extent by a violent swing in seasonals…
    …But the adjusted gap still hit a record low; we’ve cut our 2026 current account forecast to -1.5%.
  • The oil-price boost to yearly import growth should peak soon, but exports are losing momentum too.

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Keywords for: 27 May 2026 Eurozone Monitor

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