Thailand: Manufacturing production virtually flat in October
November 30, 2016
In October, Thai manufacturing production increased 0.1% from the same month last year, which was a deceleration from the 1.1% expansion seen in September. In October, several categories recorded sharp decreases, with contractions in motor vehicles manufacturing as well as wood and tobacco products manufacturing particularly dragging on the result.
On a monthly basis, manufacturing output increased a seasonally-adjusted 0.2% in October, which contrasted the 1.7% drop recorded in September. Finally, annual average growth in manufacturing production was 0.3% in October, slightly above the 0.2% rise seen in September.