Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
THAILAND
Thai July manufacturing production improved to -4.4% y/y from -5% which was revised up from -5.2%, the ninth consecutive contraction. This was slightly lower than consensus. Capacity utilisation fell 1pp to 58.2%, the third consecutive monthly decline. Weak merchandise exports continue to weigh on manufacturing output. The weakness hasn’t reflected recent moves in the manufacturing PMI which reached a high of 60.4 in April and have been above 50 since end 2021. July was only just in expansionary territory at 50.7. The August PMI prints on Friday.
Thailand manufacturing
Source: MNI - Market News/Bloomberg/Refinitiv
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok