Thai Aug factory output drops 4.15% y/y, worst than forecast

BANGKOK, Sept 29 (Reuters) – Thailand’s manufacturing production index (MPI) in August fell 4.15% from a year earlier, as a coronavirus outbreak affected production and jobs, the industry ministry said on Wednesday, missing analyst forecasts.

The reading compared with a forecast for no change in output in a Reuters poll and July’s revised 3.92% increase.

Reporting by Orathai Sriring, Kitiphong Thaichareon, Satawasin Staporncharnchai; Editing by Martin Petty

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