Thailand’s MPI Expands 14.52% in August

Thailand’s Manufacturing Production Index (MPI) increased 14.52% year on year to 99.28 in August, as most Covid-19 restrictions were lifted, according to the Office of Industrial Economics (OIE) on Wednesday.

The average reading for the first eight months (Jan-Aug) was 99.81, up 2.72% from the same period last year, according to Siripen Kiatfuengfoo, OIE’s deputy director general.

Capacity Utilization (CapU) in August was 63.78%, up from 60.77% in July, and 63.43% through the first eight months of the year.