Thai Feb factory output down 2.71% y/y, slightly better than forecast

Kitco Media
By Reuters
Published:
Updated:
Reuters
BANGKOK, March 29 (Reuters) - Thailand's manufacturing production index (MPI) in February dropped by a slightly less-than-expected 2.71% from a year earlier, as slowing global demand hurt exports, the industry ministry said on Wednesday. The figure compared with a forecast for a fall of 2.8% in factory output for February in a Reuters poll, and came after January's revised 4.81% year-on-year decrease.
(Reporting by Orathai Sriring and Satawasin Staporncharnchai; Editing by Ed Davies)

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