News
MPI rises 6.6% in January to reach 10-month high
Thailand’s Manufacturing Production Index (MPI) increased by 6.6% from December last year to reach 99.8 points in January, the highest level in 10 months, thanks to more business activity, driven by an uptick in tourism.However, the January MPI decreased by 4.35% year-on-year due to the ...
Bangkok Post Reporter
April factory output rises 0.56% y/y, below forecast
Thailand’s factory output in April rose at a smaller pace than expected as higher costs continued to affect production, despite improved economic activity, the industry ministry said on Monday.The manufacturing production index (MPI) rose 0.56% in April year-on-year, below a forecast rise of 1.6% in ...
Manufacturing sustains growth amid pandemic
The Covid-19 outbreak caused the manufacturing production index (MPI) to dip by 4.15% year-on-year to 87.71 points in August, but the index kept growing during the first eight months of this year, the Office of Industrial Economics (OIE) reported on Wednesday.Despite the pandemic’s impact on ...
Bangkok Post Reporter
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 ...
Lamonphet Apisitniran
Manufacturing declines slightly but overall economy has improved
Thailand’s manufacturing production index (MPI) continued to drop in February, falling 1.08 per cent to 99.68 points versus a year earlier due to lower oil production, the Office of Industrial Economics reported Wednesday.The industrial output figure of February was lower than Reuters’ forecast of a ...
MPI records 6.03% rise in January
Thailand’s manufacturing production index (MPI) in January rose by 6.03% to 101.82 from 96.03 points in December amid the new Covid-19 outbreak as officials expect better economic prospects in the months ahead following the recent delivery of vaccines.Plastic bead manufacturing, which increased by 10.8% year-on-year, ...
Lamonphet Apisitniran
May factory output down 23%
The manufacturing production index (MPI) for May dropped 23.19% from a year earlier, led by lower production of cars, petroleum and air conditioners due to the impact of the coronavirus outbreak, the industry ministry reported on Monday.That compared with a forecast for a drop of ...
Thai April factory output drops 17.2%, smaller than forecast
Thailand’s manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday.That compares with a forecast for a drop ...
Factory output down again
Thailand’s manufacturing production index (MPI) contracted for the tenth straight month in February, down 5.19% from a year earlier, hit by lower production of cars, tires and sugar, the industry ministry said on Wednesday.That performance was in line with a forecast drop of 5.2% in ...
August factory output falls 4.4% y-o-y, worse than forecast
Thailand’s manufacturing production index (MPI) in August dropped 4.4% from a year earlier, dragged down by lower production of cars, electronics and rubber products, the industry ministry said on Tuesday. That compares with a forecast of a 3.6% decline in a Reuters poll, and July’s ...