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Financial News: Thailand Manufacturing Sector Picks Up Steam - Markit

Thailand Manufacturing Sector Picks Up Steam - Markit

01/03/2021 - 20:05:00 (RTTNews)

(RTTNews) - The manufacturing sector in Thailand continued to expand in December, and at a faster rate, the latest survey from market Economics revealed on Monday with a manufacturing PMI score of 50.8.

That's up from 50.4 in November, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, production and new orders both climbed for the fifth straight month, while input inflation accelerated to a 15-month high.

Last month also saw the weakest reduction in employment since last January.

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