Factory output falls for 12th month | Bangkok Post: news

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Factory output falls for 12th month

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Factory output fell more than expected in March, showing how intractable political turmoil in Bangkok has hurt a key pillar of the economy and will cut growth prospects this year. 

An employee dries newly moulded components on the semiconductor chip production line at Hana Microelectronics' plant at the Hi-Tech Industrial Estate in Bang Pa-In, Ayutthaya province, on April 22, 2014. (Bloomberg photo)

Industrial output in March fell for a 12th straight month, down 10.41% from a year earlier, the Industry Ministry said in a statement. That compared with February's revised 4.7% drop and an 8.2% decline in a Reuters poll.

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