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Thai April factory output rises 0.56% y/y, below forecast -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A worker sweeps the floor in front of a line for assembly TVs at a Bangkok factory on July 22, 2019, Thailand. REUTERS/Soe Zeya Ton

BANGKOK, (Reuters) – The manufacturing production index of Thailand (MPI), rose 0.56 percent in April compared to a year ago, which was lower than anticipated, according to the ministry.

This is compared to a 1.6% forecast increase in output from a Reuters survey and a yearly growth of 0.44% (revised from a 0.1% drop).

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