The IHS Markit Thailand Manufacturing PMI slipped to a four-month low of 50.3 in July 2019 from 50.6 in the previous month. New order growth weakened, dragged down by a modest rise in export sales. Also, output expanded the least in nine months, while buying level rose at a slower rate. Holdings of input stocks rebounded, with inventories of finished goods falling for a third straight month. Regarding inflation, cost pressures intensified, with reports of greater prices for raw materials, such as fuel, fabricated metal products and auto parts, alongside increased delivery fees. Meantime, factory gate prices rose marginally, despite some firms offering discounts to clear stocks. Lastly, business confidence fell to the lowest since last September. Manufacturing Pmi in Thailand is reported by Markit Economics.

Manufacturing Pmi in Thailand is expected to be 50.70 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 50.80 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 49.10 49.40 55.70 34.40 Index Points [+]
Industrial Production -5.54 -3.99 59.60 -32.50 percent [+]
Industrial Production Mom 2.50 0.20 22.00 -24.60 percent [+]
Capacity Utilization 65.75 67.49 70.77 42.11 Index Points [+]
Changes in Inventories 13628.00 60184.00 170441.00 -159831.00 THB Million [+]
Car Registrations 38863.00 40628.00 66668.00 1690.00 [+]
Leading Economic Index 152.22 151.56 157.63 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 86048.00 88097.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.30 50.60 51.10 48.20 [+]
Private Investment -0.90 0.10 18.20 -47.10 percent [+]
Cement Production 3421.11 3589.30 4210.58 522.00 Thousands of Ton [+]
Car Production 198821.00 183071.00 256581.00 23695.00 [+]
Coincident Index 127.86 128.05 128.51 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.30 50.60 51.10 48.20 2016 - 2019 Monthly




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 46.50 Jul/19
France 49.70 Jul/19
Germany 43.20 Jul/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.40 Jul/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 50.40 Jul/19


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