Thailand’s industrial production unexpectedly grew 0.46% yoy in July 2026, recovering from a downwardly revised 2.38% decline in June, beating expectations for a 1% fall and marking the first increase in four months. The rebound was mainly driven by industries aligned with technological trends, particularly the electronics sector, which expanded alongside the growth of AI and digital infrastructure, with computer and peripheral production surging 28.23%. Meanwhile, petroleum refining products rose 9.12%, and sugar jumped 28.30%. However, the conflict in the Middle East remains a factor requiring close monitoring, as it contributes to energy price volatility and raises production and logistics costs for the industrial sector. Furthermore, a slowdown in foreign tourism could affect related sectors, such as the food and beverage industry. Thailand’s Industry Ministry revised its forecast for factory output growth to a range of 0.0% to 0.5% for 2026, from 1.0% to 2.0% previously. source: Office of Industrial Economics, Thailand

Industrial Production in Thailand decreased 3.10 percent in June of 2026 over the same month in the previous year. Industrial Production in Thailand averaged 5.27 percent from 1988 until 2026, reaching an all time high of 59.55 percent in November of 2012 and a record low of -32.02 percent in November of 2011. This page provides the latest reported value for - Thailand Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Industrial Production in Thailand decreased 3.10 percent in June of 2026 over the same month in the previous year. Industrial Production in Thailand is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Industrial Production is projected to trend around 2.50 percent in 2027 and 2.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-27 04:00 AM
Industrial Production YoY
Jun -3.1% -1.3% 0.9%
2026-08-27 07:00 AM
Industrial Production YoY
Jul 0.46% -2.38% -1% -0.3%
2026-09-30 04:00 AM
Industrial Production YoY
Aug 0.46% 0.8%


Related Last Previous Unit Reference
Business Confidence 49.80 46.70 points Aug 2026
Capacity Utilization 57.24 57.51 percent Jul 2026
Vehicle Production 117383.00 120391.00 Units Jul 2026
Passenger Car Sales 23003.00 22875.00 Units Jul 2026
Changes in Inventories 90094.00 25027.00 THB Million Jun 2026
Coincident Index 102.80 104.60 points Jul 2026
Corruption Index 33.00 34.00 Points Dec 2025
Corruption Rank 116.00 107.00 Dec 2025
Industrial Production YoY 0.46 -2.38 percent Jul 2026
Industrial Production Mom 0.78 -2.37 percent Jul 2026
Leading Economic Index 169.10 166.51 points Jul 2026
Private Investment MoM -0.30 0.50 percent Jul 2026
Domestic Car Sales 59198.00 61244.00 Units Jul 2026


Thailand Industrial Production
In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
0.46 -2.38 59.55 -32.02 1988 - 2026 percent Monthly
2011=100

News Stream
Thailand Industrial Output Unexpectedly Rises
Thailand’s industrial production unexpectedly grew 0.46% yoy in July 2026, recovering from a downwardly revised 2.38% decline in June, beating expectations for a 1% fall and marking the first increase in four months. The rebound was mainly driven by industries aligned with technological trends, particularly the electronics sector, which expanded alongside the growth of AI and digital infrastructure, with computer and peripheral production surging 28.23%. Meanwhile, petroleum refining products rose 9.12%, and sugar jumped 28.30%. However, the conflict in the Middle East remains a factor requiring close monitoring, as it contributes to energy price volatility and raises production and logistics costs for the industrial sector. Furthermore, a slowdown in foreign tourism could affect related sectors, such as the food and beverage industry. Thailand’s Industry Ministry revised its forecast for factory output growth to a range of 0.0% to 0.5% for 2026, from 1.0% to 2.0% previously.
2026-08-27
Thailand Industrial Output Shrinks the Most in 7 Months
Thailand’s industrial production fell 3.10% year-on-year in June 2026, following an upwardly revised 1.30% decline in May, marking the third consecutive month of contraction. It was the steepest decline since last November, amid higher oil prices and rising freight costs due to disruptions caused by the Middle East conflict. The decline was mainly driven by weaker production of automobiles (-12.59%), petroleum products (-7.97%), and apparel (-8.99%). Latest data showed that car production fell 7.55% from a year earlier in June. Meanwhile, palm oil production also slumped 33.2% year-on-year. However, continued growth in demand for electronics and technology-related products helped limit the decline, with production of computers and peripherals rising 2.5%. For the first half of the year, industrial production fell 0.4% from a year earlier. Thailand's Industry Ministry maintained its forecast for factory output growth of 1.0% to 2.0% this year. Monthly, industrial output fell 2.37%.
2026-07-27
Thailand Industrial Output Falls More Than Expected
Thailand’s industrial production dropped 0.80% year-on-year in May 2026, worse than market expectations of a 0.48% decline. It marked the second consecutive month of contraction in industrial production, following an upwardly revised 0.94% fall in April, which was the steepest decline since last November, amid higher oil prices, rising transport costs, and shortages of some raw materials due to disruptions caused by the Middle East conflict. The decline was mainly driven by lower automotive production and elevated inflation. Monday's data showed that car production plunged 17.94% from a year earlier in May. Last month, Thailand's industry expected factory output to increase by 1.0% to 2.0% for the full year, down from the earlier forecast range of 1.5% to 2.5%.
2026-06-30