The Nikkei Thailand Manufacturing PMI slipped to 50.7 in May 2019 from an eleven month-high of 51.0 in the previous month. Both output and new business increased further while export order growth was the strongest since February 2018. Still, backlogs of work accumulated for the first time since the start of the year and employment fell for an eighth month in a row. On the price front, inflation remained mild, with both input prices and output charges rising only marginally. Finally, sentiment remained positive amid higher sales forecasts and planned capacity expansions. Manufacturing Pmi in Thailand is reported by Markit Economics.

Manufacturing Pmi in Thailand is expected to be 50.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Thailand to stand at 50.50 in 12 months time. In the long-term, the Thailand Manufacturing Pmi is projected to trend around 51.10 in 2020, according to our econometric models.

Thailand Manufacturing Pmi
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Thailand Business Last Previous Highest Lowest Unit
Business Confidence 50.10 49.20 55.70 34.40 Index Points [+]
Industrial Production 2.03 -2.66 59.60 -32.50 percent [+]
Industrial Production Mom 2.50 0.20 22.00 -24.60 percent [+]
Capacity Utilization 70.20 67.99 70.77 42.11 Index Points [+]
Changes in Inventories 46770.00 170441.00 170441.00 -159831.00 THB Million [+]
Car Registrations 43042.00 38394.00 66668.00 1690.00 [+]
Leading Economic Index 151.31 151.20 157.63 83.61 Index Points [+]
Internet Speed 15999.07 13349.19 15999.07 779.57 KBps [+]
IP Addresses 2822892.00 2718483.00 3513472.00 780307.00 IP [+]
Total Vehicle Sales 88097.00 86076.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.70 51.00 51.10 48.20 [+]
Private Investment 0.90 0.30 18.20 -47.10 percent [+]
Cement Production 3203.54 3773.89 4210.58 522.00 Thousands of Ton [+]
Car Production 198821.00 183071.00 256581.00 23695.00 [+]
Coincident Index 127.83 127.78 128.64 92.66 Index Points [+]
Competitiveness Index 67.53 66.25 67.53 4.51 Points [+]
Competitiveness Rank 38.00 40.00 40.00 28.00 [+]
Ease of Doing Business 27.00 26.00 46.00 12.00 [+]
Corruption Index 36.00 37.00 38.00 27.90 Points [+]
Corruption Rank 99.00 96.00 102.00 34.00 [+]


Thailand Manufacturing Pmi

The Nikkei Thailand Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Thailand Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Manufacturing Pmi - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.70 51.00 51.10 48.20 2016 - 2019 Monthly




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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