Thailand: May manufacturing output jumps 25.84% y/y, beating forecast

• Jun 28, 2021

Thailand’s manufacturing production index (MPI) in May rose for a third straight month, climbing 25.84% from a year earlier, lifted by higher production of automobiles, air conditioners and electronics, the Industry Ministry said on Monday.

The reading, still coming off a low base last year, compared with a forecast for a rise of 19.55% in a Reuters poll and April’s revised 17.97% increase.

Source: https://www.bangkokpost.com/business/2139767/may-manufacturing-output-jumps-25-84-y-y-beating-forecast