Sept factory output plummets

Sept factory output plummets

An employee at work inside an assembly plant for hybrid car batteries in Chachoengsao province opened by Toyota Motors Thailand in May 2019. (Supplied)
An employee at work inside an assembly plant for hybrid car batteries in Chachoengsao province opened by Toyota Motors Thailand in May 2019. (Supplied)

The manufacturing production index (MPI) for September fell 4.7% from a year earlier, dragged down by lower production of cars, petroleum and rubber, the industry ministry said on Tuesday.

That compares with a forecast of a 2.05% decline in a Reuters poll, and August's 4.4% contraction.

Capacity utilisation was 63.87% in September, compared with 65.75% in August.

The ministry forecasts the MPI will rise 0.5% this year, after increasing 3.6% last year. 


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