A beach town in Thailand

Thailand PMI October 2023

Thailand: Manufacturing PMI falls in October

The S&P Global Manufacturing Purchasing Managers’ Index (PMI) dropped to 47.5 in October from 47.8 in the prior month, marking the third consecutive contraction. Consequently, the PMI moved further below the 50-threshold that separates improving from deteriorating conditions in the manufacturing sector compared to the previous month.

A sharper decline in new orders and slower production growth were behind October’s negative reading. Moreover, employment fell again. On the flipside, optimism for the coming 12 months rose amid hopes of improving economic conditions ahead. On the price front, input costs fell for the fourth consecutive month, while output prices rose albeit at a modest overall pace.

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