Thailand Manufacturing Growth at 7-Month High

2026-08-03 00:52 By Judith Sib-at 1 min. read

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.



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