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Thailand Industrial production December 2022

Thailand: Manufacturing activity drops at sharper pace in December

Manufacturing output dropped 0.7% month-on-month in seasonally-adjusted terms in December (November: -0.6% mom).

On an annual basis, manufacturing production fell 8.2% in December, following Novembers 5.1% decrease. Meanwhile, the trend pointed down, with the annual average growth of manufacturing production coming in at 0.6% in December, down from November’s 1.9% reading.

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