Exports rise, still below government's forecast

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Exports rise, still below government's forecast

Published: 24 Jan 2013 at 00.00
Newspaper section: Business

Thai exports rose for a fourth straight month in December as demand for electronics and auto parts increased, but the whole-year shipments were well below the government's forecast.

According to the Commerce Ministry, exports rose 13.45% last month from a year earlier to US$18.1 billion after climbing 26.86% in November.

In baht terms, exports rose 12.17% in December to 551.56 billion baht.

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boons
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Discussion 1 : 24 Jan 2013 at 21.331
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"Commerce Minister Boonsong Teriyapirom said it was too early to assess the impact of the baht gains on export performance this year, adding he believed the central bank itself has been closely monitoring the baht movement and preparing measures. "Short-term and slight gains are unlikely to affect shipments much," he said"

So it is unlikely that higher prices will affect demand?

Really?

Somehow Thailand has magically defeated the fundamentals of market economics.
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Exports rise, still below government's forecast | Bangkok Post: business