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September 01, 2023
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Thailand PMI manufacturing 48.9 in Aug-23



- Thailand's manufacturing PMI contracted to 48.9 in August 2023, the lowest level since August 2021, indicating a decline in the sector.
- The current PMI reading is 4.83 points below the one-year average, suggesting that the challenges faced by the manufacturing sector are more significant compared to the previous year.
September 01, 2023
TH.png

Thailand PMI Manufacturing 48.9 in Aug-23


- The Thailand PMI Manufacturing for Aug-23 declined to 48.9, indicating a contraction in the sector and a loss of momentum compared to the previous reading of 50.7.
- The PMI figure of 48.9 is significantly below the 1-year average of 4.83, signifying a sustained period of below-average performance in the manufacturing sector.

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