Thailand: Manufacturing production slows in September
October 31, 2016
In September, manufacturing production increased 0.6% from the same month last year, which was a deceleration from the 3.2% expansion seen in August. Sharp decreases in the manufacturing of motor vehicles as well as in the output of rubber and plastic products were behind September’s meagre growth.
On a monthly basis, manufacturing output decreased a seasonally-adjusted 1.7% in September, deteriorating from the healthy 6.4% rise recorded in August. Finally, annual average growth in manufacturing production was 0.1% in September, slightly above the flat reading seen in August.