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Thai exports down in November for 11th straight month

Published Mon, Dec 28, 2015 · 09:50 PM

Bangkok

THAILAND's exports fell for an 11th straight month in November and by more than expected, while imports fell again, showing the trade-dependent economy is still sputtering 19 months after the army took power.

Although the May, 2014 coup ended months of political unrest, Southeast Asia's second-largest economy has yet to get out of a rut, with pivotal exports and domestic consumption stubbornly weak. For the third year in a row, exports will shrink in 2015, and the central bank on Friday said it expects zero growth in 2016.

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