Thailand Einkaufsmanagerindex Verarbeitendes Gewerbe

The S&P Global Thailand Manufacturing PMI fell to 50 in October 2024, down from 50.4 in September, ending a five-month upturn. The reading indicated a stagnation of business conditions in the Thai manufacturing sector, as new orders saw a slight decline, while output rose marginally, resulting in a stalling of purchasing activity and a slower rise in employment. Despite this, the current job creation streak reached a record six months, and backlogs of work also increased for the sixth consecutive month. Meanwhile, inflationary pressures remained weak, with input prices falling for the fourth consecutive month and output charges remaining stable. Looking ahead, manufacturers remain optimistic about output growth for the next 12 months, supported by expectations of new customer acquisition and enhanced marketing efforts.