Industrial production in Thailand unexpectedly declined by 4.15 percent year-on-year in August 2021, compared with market consensus of a flat reading and after a downwardly revised 3.92 percent rise a month earlier. This was the first drop in industrial output since February, amid the latest wave of COVID-19 infections in the country and a migrant labor shortage. The government expects the manufacturing production index to grow 4-5% this year. source: Office of Industrial Economics, Thailand
Industrial Production in Thailand averaged 6.14 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 October 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.