Thailand's manufacturing production index (MPI) in April rose for a second straight month and at the fastest pace in more than eight years, ...
Thailand's manufacturing production index in April rose for a second straight month and at the fastest pace in more than eight years, partially due to coming off a low base last year, the industry ministry said on Monday.
The MPI jumped 18.46per cent from a year earlier, beating a forecast in a Reuters poll for a 14.6per cent increase and against March's revised 5.89per cent increase.The MPI gain was boosted by higher production of automobiles, beer and air conditioners, the ministry said. The MPI this month should be again supported by coming off a low base in 2020, when the Southeast Asian country imposed strict measures to contain its first COVID-19 outbreak, ministry official Thongchai Chawalitpichaet told a briefing.
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