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InfoQuest

MPI declines in March amid global economy slowdown: Thai official

May 07, 2019


Abstract : The manufacturing production index (MPI) was 115.68 in March 2019, declined by 2.54 percent year-on-year, according to the Office of Industrial Economics (OIE).

InfoQuest, (May 6, 2019) -- The manufacturing production index (MPI) was 115.68 in March 2019, declined by 2.54 percent year-on-year, according to the Office of Industrial Economics (OIE).

The total exports of Thai industrial products (excluding gold) shrank by 6.1 percent in March mainly because of the slowing down global economy which has affected the purchasing power and export performance. A survey on 94 countries shows negative export growth in 60 countries.

Source: InfoQuest, by NisaratWichiensri/ Rachada / Kasamarporn, translated by Xinhua Silk Road

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Keyword: economy thailand infoquest

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