Thailand Manufacturing PMI Hits 2-1/2-Year High

2026-01-05 00:34 By Farida Husna 1 min. read

The S&P Global Thailand Manufacturing PMI rose to 57.4 in December 2025 from 56.8 in the prior two months, marking the highest reading since May 2023 and the eighth straight month of growth in factory activity.

New orders surged at the fastest pace in a decade, fueled by marketing promotions and stronger domestic demand, driving output sharply higher.

Also, purchasing activity accelerated, but inventories fell further amid strong output.

External demand remained weak, with export orders contracting for the fifth month.

Employment slipped marginally for the first time in nine months, adding to backlogs.

On the cost side, input prices rose for a second month as raw material and semi-finished goods prices climbed, reflecting renewed supply-chain pressures after longer lead times.

However, firms trimmed output prices to support sales.

Finally, sentiment eased yet stayed well above average, underpinned by expansion plans and expectations of stronger economic conditions in 2026.



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