Thailand Industrial Production

Industrial production in Thailand increased 2.60 percent in May of 2016 over the same month in the previous year, following a downwardly revised 0.89 percent rise in April and beating market expectations of a 1.85 percent increase. It was the third straight month of increase and the highest growth since July 2015, supported by stronger output of car, air conditioners, auto engine and rubber products. On a monthly basis, industrial production was up by 12.69 percent, swinging from a downwardly revised 17.99 percent decline in April. It was the highest monthly increase since December 2011, when industrial output rose by 24.3 percent. Industrial Production in Thailand averaged 6.77 percent from 1988 until 2016, reaching an all time high of 82.30 percent in November of 2012 and a record low of -47.20 percent in November of 2011. Industrial Production in Thailand is reported by the Office of Industrial Economics, Thailand. In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy. This page provides the latest reported value for – Thailand Industrial Production – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.