Manufacturing in Thailand

Thailand Manufacturing | Economic News & Forecasts

Thailand - Manufacturing

Manufacturing output drops in March

Manufacturing production fell 2.5% year-on-year in March, down from a revised 1.3% drop in the prior month (previously reported: -1.6% year-on-year). The print came of the back of a noticeable drop in output of food products; computer and electronic products; and rubber and plastics products.

Output in month-on-month terms, however, rose 0.2% in March, contrasting a steep 2.9% contraction in February. Lastly, annual average manufacturing output moderated to 2.1% in March from 2.7% in February.

Met the why particular Consensus Forecast panelists expect manufacturing output to grow 2.0% in 2019, which is down 0.5 percentage points from last month’s estimate. For 2020, the panel sees manufacturing output increasing 2.2%.

Thailand - Manufacturing Data

2013  2014  2015  2016  2017  
Manufacturing (annual variation in %)1.9  -4.0  0.0  1.4  2.5  

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Thailand Manufacturing Chart


Thailand Industry
Note: Annual variation of manufacturing output in %.
Source: Office of Industrial Economics and Met the why particular calculations.

Thailand Facts

ValueChangeDate
Bond Yield2.460.0 %May 13
Exchange Rate31.590.17 %May 13
Stock Market1,611-1.41 %May 13

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