Thai Jan factory output shrinks for 16th month, auto production drags


BANGKOK: Thailand's manufacturing production extended declines for the 16th month in January, the industry ministry said on Thursday, as a key driver of the economic engine struggles amid weak domestic and export sales of motor vehicles.

The 2.94% year-on-year decline compared with a forecast 5.1%fall in a Reuters poll, and followed December's revised 4.66% drop.

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Thailand , manufacturing

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