Published Wed, Apr 30, 2025 · 01:26 PM
[BANGKOK] Thailand’s manufacturing production index dropped by a smaller-than-expected 0.66 per cent in March from a year earlier, helped by government stimulus measures, exports and tourism, the industry ministry said on Wednesday.
The figure compared with a forecast fall of 2.35 per cent for March in a Reuters poll, and followed a revised annual drop of 3.92 per cent in the previous month.
While the MPI contracted in annual terms for an eighth successive month in March, it increased 9.2 per cent on a monthly basis, the ministry said.
Thailand’s exports in March jumped 17.8 per cent year-on-year, reaching the highest level in three years, customs data showed.
The industry ministry said US tariffs must be closely monitored. Thailand is among the South-east Asian nations hardest hit by US President Donald Trump’s measures, facing a 36 per cent tariff if a reduction can’t be negotiated before a global moratorium expires in July. REUTERS
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