BANGKOK – Thailand’s exports are expected to rise 6% to 7% this year, the pace slowing in the second half amid higher inflation and freight rates, the Export-Import Bank of Thailand said on Thursday.
The bank’s index also pointed to a slower export growth rate, dragged by a global slowdown and supply chain issues, President Rak Vorrakitpokatorn said in a statement. Between January and May, exports rose 12.9% from a year earlier.
(Reporting by Satawasin Sta[censored]charnchai; Writing by Orathai Sriring; Editing by Kanupriya Kapoor)