Thai September factory output up 1.02% y/y, stronger than forecast
An employee arranges blades for construction at an assembly line at Gang Yan Diamond Tools, a Chinese manufacturing plant, located in the Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
BANGKOK :Thailand's manufacturing production index THMPI=ECI rose 1.02 per cent in September from a year earlier, the industry ministry said on Thursday, stronger than analysts' expectations.
The figure compared with a forecast 2.0 per cent year-on-year decline in a Reuters poll, and followed an annual drop of 4.19 per cent in August.