A beach town in Thailand

Thailand Industry December 2019

Thailand: Manufacturing output drops for eighth-consecutive month in December

Thai manufacturing output fell 4.4% year-on-year in December, up from the 8.3% contraction recorded in November but marking the eighth consecutive month of contraction. The drop in December reflected steep falls in automotive and clothing production. Output in the refined petroleum, electronics, steel and iron, food, and rubber and plastics sectors also fell. December data capped a tough year for the Thai manufacturing sector as output fell 3.7% in 2019 compared to the year prior (2018: +3.6% year-on-year).

Sequential data provided a silver lining, however, as output rose 2.1% month-on-month in December (November: -1.6% month-on-month), marking the first monthly increase since July.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest