MPI forecast revised up to 4-5% on export growth

Thailand’s manufacturing production index (MPI) is expected to grow by 4-5% this year, up from an earlier forecast of 2-3% made by the Office of Industrial Economics (OIE), due mainly to fast-growing exports.

The adjustment in the forecast was announced as the OIE reported the MPI index for June increased by 17.58% year-on-year to 97.73 points.

The index level for June was a 2.65% decrease from May.

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Lamonphet Apisitniran