Thailand: Manufacturing production growth deteriorates in August
Manufacturing production grew 0.2% month-on-month in seasonally-adjusted terms in August (July: +0.6% mom).
On an annual basis, manufacturing production dove 7.5% in August, which was significantly below July’s 4.7% fall.. Accordingly, the trend pointed down, with the annual average variation of manufacturing production coming in at minus 4.6% in August, down from July’s minus 2.9%.