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Thai Manufacturing PMI Ticks Higher To 49.9 In September - IHS Markit

The manufacturing sector in Thailand continued to contract in September, albeit at a slower pace, the latest survey from IHS Markit showed on Thursday with a manufacturing PMI score of 47.7.

That's up from 47.3 in August, although it remains beneath the boom-or-bust line of 50 that separates from expansion.

Individually, production expanded amid improving domestic demand, while there was backlog accumulation for the first time since January. Export sales fell at a slower pace.

Further order book growth was accompanied by increased production volumes.

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