Thailand: Manufacturing production gains steam in February
Manufacturing output expanded 0.3% in month-on-month seasonally-adjusted terms in February, which contrasted January’s 4.5% decrease.
On an annual basis, manufacturing output rose 2.8% in February, which was above January’s 2.0% expansion. Meanwhile, annual average manufacturing production growth rose to 6.6% in February (January: +6.3%), signaling an improving trend in the manufacturing sector.