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Thursday, May 16, 2024

October factory output falls 4.3%

Oil refinery facilities in Map Ta Phut, Rayong province. (File photo)

Thailand’s manufacturing production index (MPI) in October dropped 4.29% from a year earlier, Industry Ministry data showed on Thursday.

The figure compared with a forecast for a 2.5% year-on-year fall for October in a Reuters poll, and followed September’s 6.06% decline.

In the first ten months of this year, the index fell 5.04%, said Siripen Kiatfuengfoo, deputy director of the Office of…

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