Thai Jan factory output falls 2.8%, smaller drop than forecast

[BANGKOK] Thailand's manufacturing production index (MPI) in January contracted 2.8 per cent from a year earlier as a coronavirus outbreak impacted domestic activity, the industry ministry said on Thursday, though the figure beat analyst expectations.

The reading compared with a forecast for a fall of 4.4% in a Reuters poll and December's revised 2.8 per cent decline.

REUTERS

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