Thailand’s exports increased for the first time in 11 months in August due to higher shipments of agricultural and industrial products amid a weakening baht currency, official data showed on Tuesday.
Exports, a key driver of the Southeast Asian country’s economic growth, rose 2.6 percent last month from a year earlier to 24.27 billion U.S. dollars, according to the data released by the Ministry of Commerce.
The growth was attributed to improved signals from the global manufacturing sector compared to the previous month, although they remained below normal levels, the ministry said in a statement, adding that the depreciation of the Thai baht at an appropriate level also helped.—Xinhua
