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Thailands Manufacturing Production Activity Expands For 1st Time In 23 Months



Thailand’s manufacturing production index (MPI), a gauge of manufacturing activity, rose for the first time in 23 months to 107.73 in March, the highest level in two years, official data showed Wednesday

BANGKOK, (UrduPoint / Pakistan Point News – 28th Apr, 2021 ) :Thailand’s manufacturing production index (MPI), a gauge of manufacturing activity, rose for the first time in 23 months to 107.73 in March, the highest level in two years, official data showed Wednesday.

The MPI rose 4.12 percent from a year earlier, in its strongest growth since October 2018, according to the Office of Industrial Economics.

The strong rebound came after improving demand from the country’s trading partners and a low comparative base in the same period of last year.

The country’s manufacturing capacity utilization rate rose to…

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