RHB | Thailand | Thai Manufacturers End 2Q On A Weak Note, Dragged By Broad-Based Softening

Economic Research	29 Jul 2015
Thailand
Economic Highlights
Thai Manufacturers End 2Q On A Weak Note, Dragged By Broad-Based Softening Manufacturing production in Thailand plummeted again in June, declining by 8.0% y-o-y, compared to a 7.6% fall in May and a 7.1% drop in April. The deterioration was broad based, with weakness detected in the electronics & electricals (E&E), textile & apparels, food & beverages, and chemicals & chemical products clusters. Refined petroleum products and vehicle & parts saw improved outputs and stood out as one of the few bright spots which helped cushion some of the fall. Economist:  Ng Kee Chou  | +603 9280 2179
To access our recent reports please click on the links below: 28 Jul 2015: Exports Surprises With Another Sharp Dive 02 Jul 2015: Deflation Eases On Rising Food Prices, But Overall Picture Still Soft 01 Jul 2015:  No End In Sight As Thai Manufacturers Take Another Step Down 01 Jul 2015:  Both Money Supply And Loan Growth Locked In Positive Trend 29 Jun 2015: Exports Stumble Despite Weakening Currency 11 Jun 2015:  BOT Stands Pat On Policy Rates