A beach town in Thailand

Thailand Industry August 2018

Thailand: Thai manufacturing growth decelerates strongly in August

Manufacturing output growth slowed to 0.7% year-on-year in August, down noticeably from July’s upwardly revised 4.9% (previously reported: +4.6% year-on-year) and marking the weakest reading since April 2017. The result was supported by robust output growth in computer, electronic and optical products. However, contractions in the manufacturing of motor vehicles, trailers and semi-trailers; rubber and plastic products; and electrical equipment dragged on the headline figure.

On a seasonally-adjusted month-on-month basis, manufacturing production expanded 0.4% in August, contrasting July’s 0.4% contraction. Lastly, annual average manufacturing output growth moderated to 4.0% in August from July’s 4.4%.

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