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Thailand Industrial production April 2023

Thailand: Manufacturing production records largest contracts in six months in April

Manufacturing output fell 3.3% month-on-month in seasonally-adjusted terms in April (March: -0.9% mom).

On an annual basis, manufacturing production plunged 8.1% in April, which was significantly below March’s 3.9% fall. Moreover, the trend pointed down, with the annual average variation of manufacturing production coming in at minus 1.6%, down from March’s minus 1.0% reading.

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