October factory output rises 0.48% y-o-y, below forecast | Bangkok Post: business - News Summed Up

October factory output rises 0.48% y-o-y, below forecast | Bangkok Post: business


(Bangkok Post file photo)Thailand's annual industrial output rose for a fourth straight month in October, but much less than expected, as stronger production of rubber, car engines and processed food was offset by weaker output of air conditioners, jewellery and textiles. The manufacturing production index (MPI) in October rose 0.48% from a year earlier, the Industry Ministry said on Thursday. September's index was revised to 4.88% year-on-year from a 4.23% rise reported earlier. In January-October, the index rose 1.38% from a year earlier. Capacity utilisation at factories in October was at 60.45%, down from September's revised 63.52%.


Source: Bangkok Post November 30, 2017 05:48 UTC



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