Thailand: Manufacturing activity rebounds in December
January 27, 2021
Manufacturing production increased 1.5% month-on-month in seasonally-adjusted terms in December, which contrasted November’s 1.2% fall.
On an annual basis, manufacturing output fell 2.4% in December (November: +0.2% yoy). Meanwhile, the trend improved slightly, with the annual average variation of manufacturing production coming in at minus 8.8%, up from November's minus 8.9% reading.
Author: Stephen Vogado, Economist