Manufacturing in Thailand

Thailand Manufacturing | Economic News & Forecasts

Thailand - Manufacturing

Manufacturing production slips in March

In March, manufacturing production decreased 0.5% from the same month last year, which was a softer decline than the 1.1% drop in February. March’s figure also differed from the 1.7% decline that analysts had expected. Manufacturing of motor vehicles and furniture contracted, offsetting the gains made in electronics output, which is a combination of home electronics and office equipment.

On a monthly basis, manufacturing output increased a seasonally-adjusted 0.7% in March, contrasting the 0.6% drop in February. Annual average growth in manufacturing production was 1.7% in March, below February’s 2.0%.

FocusEconomics Consensus Forecasts panelists expect manufacturing to expand 2.1%, in 2017, which is unchanged from last month’s estimate. For 2018, the panel expects manufacturing to increase 3.6%

Thailand - Manufacturing Data

2011  2012  2013  2014  2015  
Manufacturing (annual variation in %)-7.5  10.6  2.3  -3.8  0.0  

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Thailand Manufacturing Chart


Thailand Industry
Note: Annual variation of manufacturing output in %.
Source: Office of Industrial Economics and FocusEconomics calculations.

Thailand Facts

ValueChangeDate
Bond Yield2.67-0.74 %May 25
Exchange Rate34.22-0.60 %May 25
Stock Market1,5690.21 %May 25

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