Economic Indicators

Thai factory output unexpectedly dips 0.08% y/y

2022.07.27 07:42

Thai factory output unexpectedly dips 0.08% y/y
A man works in a weaving factory, as Bangkok city administration and temples drive efforts to encourage the public to donate plastic bottles, which will be collected and upcycled into reusable Personal Protective Equipment (PPE) to reduce plastic waste as

BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in June dropped 0.08% from a year earlier, dragged down by lower production of hard disk drives, plastic pellets and steel, the industry ministry said on Wednesday.

That compared with a forecast rise of 0.35% in factory output for June in a Reuters poll, and after a revised yearly drop of 1.98% in May.

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