Global Economic News

Thailand Manufacturing PMI Steady At 48.8

The manufacturing sector in Thailand continued to contract at a steady pace in October, the latest survey from Nikkei showed on Tuesday with a manufacturing PMI score of 48.8.

That's unchanged from the previous month, and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, manufacturing output declined for the second straight month, while new orders and employment both contracted at faster rates.

There was a renewed decline in output charges, despite higher input costs.

by RTTNews Staff Writer

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