Manufacturing in Thailand
Thailand - Manufacturing
Manufacturing production contracts in February
In February, manufacturing production decreased 1.5% from the same month last year, which contrasted the 2.2% rise in January and marked the worst result in seven months. February’s figure also differed from the 0.6% expansion that analysts had expected. Manufacturing of motor vehicles, rubber and plastic products and furniture fell sharply and dragged on the result.
On a monthly basis, manufacturing output decreased a seasonally-adjusted 0.2% in February, improving from the 1.2% drop in January. Annual average growth in manufacturing production was 2.0% in February, mirroring January’s number.
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
|Manufacturing (annual variation in %)||-7.0||14.2||-7.5||10.9||2.5|
5 years of economic forecasts for more than 30 economic indicators.
Thailand Manufacturing Chart
Source: Office of Industrial Economics and FocusEconomics calculations.
|Bond Yield||2.67||-0.74 %||Apr 05|
|Exchange Rate||34.46||0.31 %||Apr 05|
|Stock Market||1,582||-0.11 %||Apr 05|
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April 24, 2017
In March, the trade balance recorded a USD 1.6 billion surplus.
April 3, 2017
In March, consumer prices in Thailand declined 0.46% on a month-on-month basis, contrasting the 0.04% increase recorded in February.
March 31, 2017
In February, the trade balance recorded a USD 1.6 billion surplus.
March 30, 2017
In February, manufacturing production decreased 1.5% from the same month last year, which contrasted the 2.2% rise in January and marked the worst result in seven months.
March 29, 2017
At its 29 March monetary policy meeting, the Bank of Thailand (BoT) unanimously decided to keep the one-day repurchase rate at 1.50%, where it has been for nearly two years.