Driven by rising demand for artificial intelligence and data centers, production of electronic components and products increased dramatically, and Thailand's manufacturing output unexpectedly rebounded in July. According to data from the Office of Industry and Economics of Thailand, manufacturing production increased 0.46% year on year in July. Market expectations were -- 0.95%. After the June data was revised -- 2.38%. A total of 6 economists participated in the forecast, and the expected range was--- 2.00% to +1.20%. The capacity utilization rate fell back to 57.24% from 57.51% after the June revision.
Zhitongcaijing · 2d ago
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Driven by rising demand for artificial intelligence and data centers, production of electronic components and products increased dramatically, and Thailand's manufacturing output unexpectedly rebounded in July. According to data from the Office of Industry and Economics of Thailand, manufacturing production increased 0.46% year on year in July. Market expectations were -- 0.95%. After the June data was revised -- 2.38%. A total of 6 economists participated in the forecast, and the expected range was--- 2.00% to +1.20%. The capacity utilization rate fell back to 57.24% from 57.51% after the June revision.
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