Thailand Industry


Thailand: Manufacturing output bounces back in August

September 30, 2011

In August, manufacturing production soared 7.0% over the same month last year, which contrasted the revised 0.7% contraction observed in July (previously reported: -1.1% year-on-year). The monthly improvement surprised private sector analysts on the upside, as they had expected that manufacturing production would rise by just 4.0% The strong August print saw automobile production jumping 15.5% over the same month last year, following a flat reading in July. In addition, production of electronics accelerated from a 6.1% increase in July to a 17.3% expansion in August. On a monthly basis, manufacturing output expanded 3.88% over the previous month in seasonally adjusted terms, which contrasted a 4.79% contraction in July, confirming the strong print suggested by the annual figures. Despite the August outturn, however, the trend continued to deteriorate, with annual average growth in manufacturing production edging down from 0.8% in July to 0.6% in August, which represented the slowest pace since manufacturing output started to show positive growth rates in February 2010. Manufacturing production is likely to nosedive in the coming months, with manufacturing firms facing the worst supply chain disruptions since the March Tohoku earthquake as the floods are causing are causing widespread damage to industrial areas.

Author:, Senior Economist

Sample Report

Looking for forecasts related to Industry in Thailand? Download a sample report now.


Thailand Economic News

  • Thailand: Inflation inches down in May

    June 4, 2019

    Consumer prices increased 0.48% month-on-month in May, up from the prior month’s 0.44% rise, reflective on noticeable price increases for food and non-alcoholic beverages, while transportation and communication costs also rose albeit at a softer pace than in the prior month.

    Read more

  • Thailand: Manufacturing output rebounds in April

    May 28, 2019

    Manufacturing production rose 2.0% year-on-year in April, swinging from a revised 2.7% contraction in March (previously reported: -2.5% year-on-year).

    Read more

  • Thailand: Exports fall again in April

    May 23, 2019

    Thailand recorded a trade deficit of USD 1.5 billion in April, swinging from a USD 2.0 billion surplus in March; the 12-month moving sum of the trade balance narrowed from a USD 3.0 billion surplus in March to a USD 2.6 billion surplus.

    Read more

  • Thailand: Economic growth moderates to near five-year low in Q1

    May 21, 2019

    Economic growth decelerated to 2.8% year-on-year in the first quarter of 2019, down from the 3.6% annual expansion logged in Q4 last year and the lowest reading in nearly half a decade.

    Read more

  • Thailand: Inflation stable in April at lower end of Central Bank’s target range

    May 16, 2019

    Consumer prices rose 0.44% in April over the previous month (March: 0.41% month-on-month) due to stronger price increases for food and non-alcoholic beverages, and apparel and footwear. Inflation was stable at March’s 1.2% in April, remaining within the Central Bank’s 1.0%–4.0% target range for the second time after several months of undershooting.

    Read more

More news

Search form