Thailand's manufacturing sector grew for the fourth month in August, with a PMI of 52.0.
In August, Thailand's manufacturing sector continued to grow for the fourth month, with a Purchasing Managers' Index (PMI) of 52.0, down from July's 52.8. Despite the slight slowdown, a PMI above 50 indicates ongoing expansion. Increased new orders, both from new customers and larger existing contracts, bolstered output. Employment remained strong, and manufacturers maintained optimistic expectations, despite challenges with purchase stock levels.
September 02, 2024
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