Thai January factory output falls 2.8pct, smaller drop than forecast

26-Feb-2021 Intellasia | Reuters | 7:31 AM Print This Post

Thailand’s manufacturing production index (MPI) in January contracted 2.8 percent from a year earlier as a coronavirus outbreak impacted domestic activity, the industry ministry said on Thursday, though the figure beat analyst expectations.

The reading compared with a forecast for a fall of 4.4 percent in a Reuters poll and December’s revised 2.8 percent decline.


Category: Thailand

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