July manufacturing output rises 5.1% y/y, below forecast

July manufacturing output rises 5.1% y/y, below forecast

FILE PHOTO: Workers sort out raw rubber sheets at a factory in Rayong province on Oct 17, 2018. (AFP)
FILE PHOTO: Workers sort out raw rubber sheets at a factory in Rayong province on Oct 17, 2018. (AFP)

Thailand's manufacturing production index (MPI) in July rose 5.12% from a year earlier, lifted by higher production of autos, electronics and rubber, the Industry Ministry said on Monday, missing analyst forecasts.

The reading compared with a forecast for an increase of 11.0% in a Reuters poll and June's revised 18.27% rise.

Do you like the content of this article?
COMMENT (1)

Workers race to keep oil from Rayong shores

RAYONG: Hundreds of workers set up oil barriers along beachfronts in this eastern province on Friday as authorities raced to limit the environmental damage from oil that leaked from an underwater pipeline earlier this week.

28 Jan 2022

Taxman to go easy on crypto traders

The Finance Ministry plans to ease tax rules for investments in digital assets, a senior official said on Friday, following a surge in crytocurrency trading.

28 Jan 2022

Hong Kong's best-known travel agency folds after 50 years

HONG KONG: One of Hong Kong's best-known tour operators has decided to wind up after 50 years of business and amid the worsening Omicron outbreak, with an industry leader expecting the travel sector's woes to continue for the rest of 2022 at least.

28 Jan 2022