Thailand: Manufacturing activity dips in January
Manufacturing output decreased 4.5% in month-on-month seasonally-adjusted terms in January, which contrasted December’s 2.8% increase.
On an annual basis, manufacturing output rose at a softer pace of 2.0% in January (December: +6.7% yoy). Meanwhile, annual average manufacturing production growth rose to 6.3% in January (December: +5.8%), signaling an improving trend in the manufacturing sector.