Economy battered in November
Thailand’s economy slowed across the board in November following the country’s long political uncertainties and the global financial crisis with overall exports falling 177 percent, according to the economic data released by the Bank of Thailand (BoT).
The country’s exports of manufacturing products fell 17.7 percent from the same month last year while exports of agricultural products decelerated 32.5 percent.
“November was the rough month: crop prices continued to fall; number of tourists decline; and export of manufacturing products registered the first contraction since March 2002,” the central bank said in a statement.
BoT’s senior director of domestic economy Amara Sriphayak said the Consumer Price Index also fell 1.6 percent in November, a sharp drop of 4.1 per over the same month last year, which resulting to a record of 6.6 percent and 8.4 percent decelerated of economic and export growths in two years respectively.

