30.9 C
Bangkok
Friday, May 17, 2024

Bangkok Post – Factory output falls for 18th consecutive month

Map Ta Phut Industrial Estate in Rayong province. (Photo: Apichart Jinakul)

The manufacturing production index dropped 5.13% in March from a year earlier, falling for the 18th consecutive month, the Industry Ministry said on Tuesday, missing analysts’ expectations.

The drop in factory output was due to slow auto production, a contraction in exports and household debt, a senior official said.

The figure compared with a forecast 1.9% year-on-year fall for March in a…

Read more…

Latest Articles