Wednesday, May 2, 2018

FW: RHB | Thailand | Industrial Activity Remained Solid in 1Q18






Economic Research

2 May 2018



Economic Update




Industrial Activity Remained Solid in 1Q18


Thailand’s manufacturing production index (MPI) expanded at a slower pace of 2.6% YoY in Mar 2018, from a revised +4.6% gain in the month before, mainly on the back of slower growth in the manufacture of E&E, auto and refined petroleum products, while the production of rubber products and furniture slipped into a decline. On a quarterly basis, the MPI expanded by 3.9%, easing slightly from a +4.4% gain recorded in 4Q17, indicating sustained economic activity. Despite a more moderate growth in MPI, we envisage real GDP growth to expand by a stronger pace of 4.2% in 1Q18, compared with 4% in 4Q17.



Peck Boon Soon | +603 9280 2163

Aris Nazman Maslan  | +603 9280 2184



To access our recent reports please click on the links below:


24 April : Exports Continue To Slow In March

16 April : Land Of Smiles Keeps Smiling On Robust Tourism

03 April : CPI Jumps In March

03 April : Money Supply Eases In February

03 April : Industrial Activity Picks Up In February


Economic Team

Arup Raha

Group Chief Economist

+65 6232 3896

Peck Boon Soon

Chief ASEAN Economics

+603 9280 2163

Vincent Loo

Malaysia, Vietnam

+603 9280 2172

Ahmad Nazmi Idrus


+603 9280 2179

Rizki Fajar

Indonesia, Philippines

+6221 2970 7065

Aris Nazman Maslan

Malaysia, Vietnam

+603 9280 2184




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails