A beach town in Thailand

Thailand Industry June 2018

Thailand: Manufacturing production overshoots market expectations in June

Manufacturing output grew 4.7% year-on-year in June, which was above May’s revised 2.9% annual increase (previously reported: +3.2% year-on-year). This acceleration, which followed six consecutive months of moderation, was notably above more moderate market expectations of a 3.0% yoy expansion. June’s print benefited from higher production of motor vehicles, trailers and semi-trailers; food products; computer, electronic and optical products; and rubber and plastic products. This offset marked contractions in the output of textiles, tobacco products, and beverages.

On a seasonally-adjusted month-on-month basis, manufacturing production growth in June slowed marginally to 1.5% from the previous month’s revised 1.7% (previously reported: +1.8% month-on-month). Annual average manufacturing output growth, however, increased to 4.3% in June from 4.0% in May.

Thailand Manufacturing Output Forecast

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