Thailand: Manufacturing production dips in February
April 1, 2021
Manufacturing output fell 0.3% in month-on-month seasonally-adjusted terms in February, which contrasted January's 0.4% increase.
On an annual basis, manufacturing output fell 1.1% in February, moderating from January’s 2.0% fall. Moreover, the trend improved slightly, with the annual average variation of manufacturing production coming in at minus 8.8%, up from January's minus 9.1% reading.
Author: Stephen Vogado, Economist