Manufacturing activity deteriorates in June
Manufacturing production declined 0.2% month-on-month in seasonally-adjusted terms in June (May: +3.1% mom).
On an annual basis, manufacturing production dove 5.2% in June, which was notably greater than May’s 3.0% fall. Moreover, the trend pointed down, with the annual average variation of manufacturing production coming in at an over two-year low of minus 2.1%, down from May’s minus 1.7%.
Thailand Manufacturing Chart
Thailand Manufacturing Data
|Manufacturing Production (ann. var. %)||3.8||-3.4||-9.5||5.8||0.4|