Thailand: Manufacturing production bounces back in February
Manufacturing production rose 2.8% month-on-month in seasonally adjusted terms in February (January: -0.2% mom). The figure marked the best reading since October 2021.
On an annual basis, manufacturing output fell at a softer pace of 2.8% in February (January: -2.9% yoy). Meanwhile, the trend pointed down, with the annual average variation of manufacturing production coming in at minus 4.0%, down from January’s minus 3.8%.