Thai Manufacturing PMI Slumps In October - S&P Global

RTTNews | 1063 hari yang lalu
Thai Manufacturing PMI Slumps In October - S&P Global

(RTTNews) - The manufacturing sector in Thailand continued to contract in October, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 47.5.

That's down from 47.8, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Incoming new orders slipped for a fourth straight month and at a marked pace in October. Likewise for new export orders, a second month of reduction was recorded. This was attributed to worsening domestic and external economic environments, while firms also saw shrinking customer base contributing to lower new work.

Manufacturing output nevertheless continued to grow at the start of the fourth quarter, albeit at the slowest pace in over two years.

baca selengkapnya
Thai Manufacturing Sector Slows In August - S&P Global

Thai Manufacturing Sector Slows In August - S&P Global

The manufacturing sector in Thailand continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 53.8.
RTTNews | 28 hari yang lalu
Thai GDP Growth Weakens In Q2

Thai GDP Growth Weakens In Q2

Thailand's economy logged a slower growth in the second quarter on softer consumption and tourism related activities but the outlook for the year was upgraded citing strong investment, spending and exports. Gross domestic product grew 1.9 percent from the previous year, which was slower than the 2.8 percent expansion posted in the first quarter
RTTNews | 42 hari yang lalu
Thai GDP Growth Beats Expectations

Thai GDP Growth Beats Expectations

Thailand's economy grew more than expected in the first quarter, underpinned by resilient domestic demand and strong exports, while regional peers reported weaker growth due to the impact of the war in the Middle East. Gross domestic product logged an annual growth of 2.8 percent in the first quarter, the National Economic and Social Development Council said Monday.
RTTNews | 133 hari yang lalu
Thai GDP Growth Accelerates On Domestic Demand

Thai GDP Growth Accelerates On Domestic Demand

Thailand's economic growth accelerated more than expected in the fourth quarter on strong domestic demand, official data revealed Monday. The annual growth in gross domestic product more than doubled to 2.5 percent in the fourth quarter from 1.2 percent in third quarter, the National Economic and Social Development Council reported. Economists had forecast the rate to ease to 1.0 percent.
RTTNews | 225 hari yang lalu
Thai Central Bank Cuts Rate By 25 Bps

Thai Central Bank Cuts Rate By 25 Bps

Thailand's central bank lowered its key interest rate by a quarter-point on Wednesday as economic growth is forecast to moderate further amid subdued inflation. The Monetary Policy Committee of the Bank of Thailand unanimously decided to cut the policy rate by 25 basis points to 1.25 percent from 1.50 percent. Previously, the bank had lowered the policy rate by 25 basis points each in August.
RTTNews | 285 hari yang lalu