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Thai Sept factory output falls 1.28per cent y/y, smaller drop than forecast

Thai Sept factory output falls 1.28per cent y/y, smaller drop than forecast

FILE PHOTO: Labourers work at a garment factory in Bangkok, Thailand, May 30, 2016. REUTERS/Athit Perawongmetha

BANGKOK : Thailand's manufacturing production index (MPI) in September had a smaller than expected drop of 1.28per cent from a year earlier, the industry ministry said on Wednesday, following an easing of coronavirus restrictions.

The reading compared with a forecast for a 3.0per cent fall in output in a Reuters poll and August's revised 4.71per cent decline.

(Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai; Editing by Martin Petty)

Source: Reuters

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