Industrial production in Thailand grew by 17.58 percent year-on-year in June 2021, moderating from a marginally revised 25.73 percent jump a month earlier and missing market estimates of 18.8 percent. Still, this marked the fourth straight month of increase in industrial output, amid a low base effect in 2020 due to the ongoing COVID-19 pandemic. The manufacturing production gain was boosted by the higher production of automobiles, electronics, and steel. source: Office of Industrial Economics, Thailand
Industrial Production in Thailand averaged 6.17 percent from 1988 until 2021, reaching an all time high of 59.60 percent in November of 2012 and a record low of -32 percent in November of 2011. This page provides the latest reported value for - Thailand Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Industrial Production in Thailand is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Industrial Production is projected to trend around 3.50 percent in 2022, according to our econometric models.