Manufacturing in Thailand

Thailand Manufacturing | Economic News & Forecasts

Thailand - Manufacturing

Manufacturing output growth moderates in December

Manufacturing output expanded 2.3% annually in December, down from November’s revised 4.1% jump (previously reported: +4.3% year-on-year). Strong growth was recorded in the production of motor vehicles, trailers and semi-trailers, as well as in the manufacture of rubber and plastics products. It was not, however, enough to offset notable contractions in the production of basic metal; textiles; and fabricated metal products, except machinery and equipment.

In seasonally-adjusted month-on-month terms, manufacturing output fell 0.8% in December, reverting to negative territory following November’s robust 4.0% growth. Nevertheless, annual average growth in manufacturing production came in at 1.6% in December, marginally above November’s 1.4% print and marking the highest reading since March.

FocusEconomics Consensus Forecast panelists expect manufacturing output to grow 2.1% in 2018, which is down 0.2 percentage points from last month’s estimate. For 2019, the panel expects manufacturing output to increase 2.6%.

Thailand - Manufacturing Data

2012  2013  2014  2015  2016  
Manufacturing (annual variation in %)10.6  2.3  -3.8  -     -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Thailand Manufacturing Chart


Thailand Industry
Note: Annual variation of manufacturing output in %.
Source: Office of Industrial Economics and FocusEconomics calculations.

Thailand Facts

ValueChangeDate
Bond Yield2.440.0 %Feb 22
Exchange Rate31.560.17 %Feb 22
Stock Market1,789-1.41 %Feb 22

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form