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Thursday, May 16, 2024

Factory output falls 6.1%, more than forecast

Workers are on duty at a textile factory in Bang Phae district, Ratchaburi province. (Photo: Varuth Hirunyatheb)

Thailand’s manufacturing production index (MPI) in September fell 6.06% from a year earlier, the Industry Ministry said on Tuesday, as exports are weak amid soft global demand.

The figure compared with a forecast for a 5.0% year-on-year drop for September in a Reuters poll, and followed August’s 7.75% decline. 

Output has been impacted by a global economic…

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