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Thailand Industry December 2021

Thailand: Manufacturing production growth improves in December

Manufacturing output grew 2.6% in month-on-month seasonally-adjusted terms in December, which followed November’s 1.2% increase.

On an annual basis, manufacturing production grew 6.8% in December, which was notably better than November’s 4.9% expansion and marking the best result since June. As such, the annual average growth of manufacturing production came in at 5.9% for 2021 as a whole, rebounding strongly from 2020’s 9.3% contraction.

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