ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Thailand's PMI down to 50.2 in March

TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, dropped to 50.2 in March from 50.6 in February.

A reading above 50 indicates economic expansion, while one below 50 points toward contraction. The latest data showed an improvement in business conditions for the fourth straight month. 

"While the sector grew further it did so at a slower rate, as lower job numbers, reduced inventories and less busy suppliers weighed on sectoral performance," said Bernard Aw, economist at IHS Markit, which compiles the survey.

"Moreover, Thai manufacturers are increasingly less optimistic about the level of output in the year ahead," he said. Future output index was 51.6, but it dipped to the lowest in the 16-month series history.

(Nikkei)

For more information, visit:

http://www.markiteconomics.com/Survey/Page.mvc/PressReleases

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more