Manufacturing in Thailand

Thailand Manufacturing | Economic News & Forecasts

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

2012  2013  2014  2015  2016  
Manufacturing (annual variation in %)-7.0  14.2  -7.5  10.9  2.5  

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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

Bond Yield2.67-0.74 %Apr 05
Exchange Rate34.460.31 %Apr 05
Stock Market1,582-0.11 %Apr 05

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