Recent Study: Thailand Food & Drink Report Q3 2013
We expect further appreciatory pressure on the Thai baht, which will negatively impact the country's exports over the course of the current year. In fact, according to April 2013 statements made by Thailand's commerce minister, Boonsong Teriyapirom, the country's exports may fall to less than 5%, which would have a significant bearing on the wider economic trajectory. Nevertheless, imported goods will become more affordable, especially as we continue to believe that consumer price inflation will remain benign though 2013. In...
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