The S&P Global Thailand Manufacturing PMI increased to the second-highest on record of 54.5 in January 2023 from 52.5 in December. This was also the 13 straight month of growth in the manufacturing sector, with output, new orders, and employment all registering increase for only the fourth time in the seven-year survey history. Purchasing continued to rise sharply, leading to a renewed increase in stocked inputs despite another rapid fall in backlogged work. Delivery times lengthened for the ninth month running, the longest period of deteriorating performance since the survey begain. That said, the degree to which times increased in the latest period was the lowest since last September. On inflation, input prices rose the most in three months high but remained well below the record set last August, while selling prices increased at the fifth-fastest rate on record. Looking ahead, sentiment fell to the lowest in 11 months, on lingering inflation concerns. source: Markit Economics
Manufacturing PMI in Thailand averaged 49.84 points from 2016 until 2023, reaching an all time high of 55.70 points in September of 2022 and a record low of 36.80 points in April of 2020. This page provides - Thailand Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Manufacturing PMI in Thailand is expected to be 49.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.