28 May 2019 at 10:52Factory output unexpectedly rose 2.03% in April on an annual basis. (Post Today file photo)Thailand's manufacturing production index (MPI) in April unexpectedly rose 2.03% from a year earlier, led by higher production of cars and air conditioners, the Industry Ministry said on Tuesday. That compares with a forecast fall of 1.0% in a Reuters poll, and against March's revised 2.66% decline. Capacity utilisation was at 63.89% in April, down from March's revised 74.25%. The ministry expects the MPI to rise between 2% to 3% this year, after last year's 2.8% advance.

Source: Bangkok Post May 28, 2019 03:45 UTC