The IHS Markit Thailand Manufacturing PMI rose to a three-month high of 50.6 in September, buoyed by expansions in both production and new orders as well as a return to growth in new export orders. However, other survey indicators hinted that the improvement could be short-lived in the coming months as manufacturers continue to face considerable headwinds, with employment continuing to fall and inventory levels were stagnant. On the price front, input cost rose the least in three months with some reports that a stronger baht had helped to contain import price inflation. Consequently, firms raised their selling charges marginally, though at the fastest pace since June. Finally, confidence remained among the lowest seen for the past year. Manufacturing Pmi in Thailand is reported by Markit Economics.

Manufacturing Pmi in Thailand is expected to be 50.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Thailand to stand at 50.80 in 12 months time. In the long-term, the Thailand Manufacturing Pmi is projected to trend around 51.10 in 2020, according to our econometric models.

Thailand Manufacturing Pmi
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Thailand Business Last Previous Highest Lowest Unit
Business Confidence 47.90 48.60 55.70 34.40 Index Points [+]
Industrial Production -4.40 -3.30 59.60 -32.50 percent [+]
Industrial Production Mom -0.30 1.00 22.00 -24.70 percent [+]
Capacity Utilization 66.52 67.21 70.77 42.11 Index Points [+]
Changes in Inventories 13628.00 60184.00 170441.00 -159831.00 THB Million [+]
Car Registrations 35775.00 41045.00 66668.00 1690.00 [+]
Leading Economic Index 152.19 151.98 153.24 82.25 Index Points [+]
Internet Speed 15999.07 13349.19 15999.07 779.57 KBps [+]
IP Addresses 2822892.00 2718483.00 3513472.00 780307.00 IP [+]
Total Vehicle Sales 76195.00 80838.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.60 50.00 51.10 48.20 [+]
Private Investment -2.20 0.00 18.20 -47.10 percent [+]
Cement Production 3390.31 3531.46 4210.58 522.00 Thousands of Ton [+]
Car Production 170847.00 172878.00 256581.00 23695.00 [+]
Coincident Index 128.12 128.16 129.50 92.66 Index Points [+]
Competitiveness Index 68.11 67.53 68.11 4.51 Points [+]
Competitiveness Rank 40.00 38.00 40.00 28.00 [+]
Ease of Doing Business 27.00 26.00 46.00 12.00 [+]
Corruption Index 36.00 37.00 38.00 27.90 Points [+]
Corruption Rank 99.00 96.00 102.00 34.00 [+]


Thailand Manufacturing Pmi

The Nikkei 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 page provides - Thailand Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Manufacturing Pmi - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.60 50.00 51.10 48.20 2016 - 2019 Monthly




Country Last Previous
Australia 54.70 Sep/19
Brazil 53.40 Sep/19
Canada 51.00 Sep/19
China 51.40 Sep/19
Euro Area 45.70 Sep/19
France 50.10 Sep/19
Germany 41.70 Sep/19
India 51.40 Sep/19
Indonesia 49.10 Sep/19
Italy 47.80 Sep/19
Japan 48.90 Sep/19
Mexico 49.10 Sep/19
Netherlands 51.60 Sep/19
Russia 46.30 Sep/19
Saudi Arabia 57.30 Sep/19
Singapore 49.50 Sep/19
South Africa 41.60 Sep/19
South Korea 48.00 Sep/19
Spain 47.70 Sep/19
Switzerland 44.60 Sep/19
Turkey 50.00 Sep/19
United Kingdom 48.30 Sep/19
United States 51.10 Sep/19


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