It also dropped by 13.14% compared to the same period last year, the Office of Industrial Economics (OIE) director-general Warawan Chitaroon said.
The average MPI during the first five months of this year came in at 96.36, representing a drop of 4.49% compared to the same period last year.
However, despite the drop in the manufacturing sector, there were positive developments in other industries. The tourism sector expanded, leading to an increased demand for industrial goods. Automobile production, in particular, saw a significant jump of 17.54%, while the textile and garment industries shifted their focus to speciality fabrics to boost their export potential.
The expansion of the tourism sector also had a positive influence on the demand for various products, including food and beverage items like sugar, frozen and chilled chicken, non-alcoholic beverages, meat and poultry…
