Thailand: Feb factory output down 1.08% y/y

• Mar 31, 2021

The manufacturing production index (MPI) for February was down 1.08% from a year earlier, weighed down by lower oil production, the industry ministry said on Wednesday.

The reading compared with a forecast for a rise of 0.1% in a Reuters poll and January’s revised 2.0% fall.

Output in March is expected to rise due to a low base effect, the ministry said.

Source: https://www.bangkokpost.com/business/2092543/feb-factory-output-down-1-08-y-y