RHB | Thailand | Manufacturing Resumed Decline In March Amid Export Weakness

Economic Research	05 May 2015
Thailand
Economic Highlights
Manufacturing Resumed Decline In March Amid Export Weakness Manufacturing production in Thailand resumed its decline of 1.8% y-o-y in March, after expanding for the first time in almost two years by 3.0% in February and compared with -0.8% in January. Nevertheless, manufacturing activities for 1Q still saw overall production expanding by 0.1% y-o-y, from -2.3% and -3.9% in 4Q and 3Q 2014 respectively, indicating a modest recovery in the Thai economy. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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