Financial News: Thailand Manufacturing PMI Slows In January

Thailand Manufacturing PMI Slows In January - S&P Global

02/01/2026 - 19:52:00 (RTTNews)

(RTTNews) - The manufacturing sector in Thailand continued to expand in January, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.7.

That's down from 57.4 in December although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Manufacturing production in Thailand continued to expand at the start of the first quarter alongside rising new business inflows. Better client demand and successful business promotion efforts reportedly underpinned the expansion in new work. Despite easing since the end of 2025, the rates at which new orders and output rose remained solid by historical standards. The softening of new business growth was partly attributed to another reduction in new export orders.

Subdued foreign conditions dampened new orders for Thai manufactured items from abroad, according to panelists. As a result of a sustained rise in new orders, backlogs of work further accumulated in January, encouraging Thai manufacturers to hire additional staff to cope with rising workloads.

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Financial News: Thailand Manufacturing PMI Slows In January - S&P

Thailand Manufacturing PMI Slows In January - S&P Global

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