Thailand’s industrial output declines for six straight month (Photograph: pattayamail.com)Bangkok (VNA) – Thailand‘s industrial output
declined for the sixth straight month in March as weak international demand hampered
exports, the nation’s Ministry of Trade has introduced.
Accordingly, the nation’s manufacturing manufacturing index
(MPI) dropped 4.56 % in March from a 12 months earlier however climbed 5.47 %
month-on-month.
The March determine got here after a 2.38 % and 4.81%
year-on-year fall in February and January, respectively. For the primary quarter
of the 12 months, the index fell 3.94 % from one 12 months earlier, the ministry stated in
an announcement.
Regardless of sustained declines in onerous disk drives,
furnishings and plastic pellet manufacturing, air conditioner manufacturing expanded
7.09 % from a 12 months earlier final month, the very best in eight years, as a result of
demand from Southeast Asian nations, the business ministry’s Workplace of
Industrial Economics Director-Common Worawan Chitaroon informed a press convention.
The ministry expects industrial output to enhance in
April, pushed by home demand on the again of the tourism restoration, whereas
growth of funding and the development sector helps manufacturing
manufacturing, Worawan stated./.
VNA