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Thailand Industrial production January 2024

Thailand: Manufacturing activity records largest contraction in 10 months in January

Manufacturing output fell 0.1% in month-on-month seasonally adjusted terms in January, which was a deterioration from December’s 0.1% decrease.

On an annual basis, manufacturing output fell at a softer pace of 2.9% in January (December: -4.7% yoy). Meanwhile, annual average variation of manufacturing output was 3.8% in January, matching December’s print.

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