Thailand's S&P Global Manufacturing PMI rose to 54.2 in July 2026 from 53.6 in the previous month, reaching its highest level since December 2025. Output growth accelerated for the second consecutive month to its fastest pace so far this year, supported by stronger inflows of new orders, which increased at the quickest rate in four months. New export sales rose for a third month, albeit at a softer pace. Purchasing activity also remained robust, with buying levels expanding at the fastest pace since March. Although average lead times for purchases increased, the rise was only marginal and the slowest rate since last December. Employment was broadly unchanged, however, as has been the case for most of 2026, despite a sustained build-up of backlogs of work pointing to pressure on capacity. On the price front, Thai manufacturers raised output charges for a fourth straight month, even as input costs remained largely stable. Lastly, business confidence improved further from March's low. source: S&P Global

Manufacturing PMI in Thailand increased to 54.20 points in July from 53.60 points in June of 2026. Manufacturing PMI in Thailand averaged 50.49 points from 2016 until 2026, reaching an all time high of 60.40 points in April of 2023 and a record low of 36.80 points in April of 2020. This page provides - Thailand Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing PMI in Thailand increased to 54.20 points in July from 53.60 points in June of 2026. Manufacturing PMI in Thailand is expected to be 53.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Manufacturing PMI is projected to trend around 53.00 points in 2027 and 51.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 46.70 46.10 points Jul 2026
Capacity Utilization 57.61 59.59 percent Jun 2026
Vehicle Production 120391.00 114214.00 Units Jun 2026
Passenger Car Sales 22875.00 19389.00 Units Jun 2026
Changes in Inventories 90094.00 25027.00 THB Million Jun 2026
Coincident Index 106.50 105.50 points Jun 2026
Corruption Index 33.00 34.00 Points Dec 2025
Corruption Rank 116.00 107.00 Dec 2025
Industrial Production YoY -3.10 -1.30 percent Jun 2026
Industrial Production Mom -2.37 -0.55 percent Jun 2026
Leading Economic Index 166.19 163.56 points Jun 2026
Private Investment MoM 0.50 1.20 percent Jun 2026
Domestic Car Sales 61244.00 57765.00 Units Jun 2026


Thailand Manufacturing PMI
The S&P Global Thailand Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Thailand Manufacturing Growth at 7-Month High
Thailand's S&P Global Manufacturing PMI rose to 54.2 in July 2026 from 53.6 in the previous month, reaching its highest level since December 2025. Output growth accelerated for the second consecutive month to its fastest pace so far this year, supported by stronger inflows of new orders, which increased at the quickest rate in four months. New export sales rose for a third month, albeit at a softer pace. Purchasing activity also remained robust, with buying levels expanding at the fastest pace since March. Although average lead times for purchases increased, the rise was only marginal and the slowest rate since last December. Employment was broadly unchanged, however, as has been the case for most of 2026, despite a sustained build-up of backlogs of work pointing to pressure on capacity. On the price front, Thai manufacturers raised output charges for a fourth straight month, even as input costs remained largely stable. Lastly, business confidence improved further from March's low.
2026-08-03
Thailand Manufacturing Sector Hits 3-Month High
Thailand's S&P Global Manufacturing PMI rose to 53.6 in June 2026, picking up from a ten-month low of 52.6 in the previous month. It marked the highest reading since March, as production growth rose to its fastest pace since December 2025 amid robust demand conditions. New business also increased for the fourteenth consecutive month, driven by aggressive marketing campaigns, major new client acquisitions, and large order placements from existing clients. However, backlogs of work grew in June as factories struggled to keep pace with incoming orders, while factory employment numbers remained largely stagnant. On the price front, manufacturers faced escalating operating expenses due to higher raw material costs, prompting them to lift factory gate charges more aggressively than in May. Lastly, the Future Output Index rose for the third consecutive month, signaling a steady, sustained recovery from the near five-year low recorded in March.
2026-07-01
Thailand Manufacturing Sector at 10-Month Low
Thailand's S&P Global Manufacturing PMI edged down to 52.6 in May 2026 from 52.7 in the previous month, marking its lowest reading since July 2025 while remaining firmly in expansionary territory. Output continued to grow but at its slowest pace in twelve months, as firms reported greater client hesitancy. Moreover, supply chain pressures remained evident in May, with transportation disruptions cited as the primary factor behind longer delivery times for raw materials. In contrast, new orders rose at a faster pace, supported by robust sales pipelines, resilient underlying demand, and the positive impact of successful business development initiatives. On the pricing front, input cost inflation stabilized following April's sharp increase, while output charges rose only modestly as manufacturers continued to pass on higher raw material and freight costs to customers. Finally, business confidence strengthened further, extending its recovery from the 55-month low recorded in March.
2026-06-02