Economic Indicators

Thai April factory output rises 0.56% y/y, below forecast

2022.05.30 07:25

Thai April factory output rises 0.56% y/y, below forecast
FILE PHOTO: A worker cleans the floor near a TV assembly line, at a factory in Bangkok, Thailand July 22, 2019. REUTERS/Soe Zeya Tun

BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in April rose 0.56% from a year earlier, less than expected, the industry ministry said on Monday.

That compared with a forecast 1.6% rise in output in a Reuters poll and a yearly increase of 0.44% in March, revised from a 0.1% fall.

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