BANGKOK, Dec 25 (Reuters) – Thailand’s manufacturing production index (MPI) dropped 8.27% in November from a year earlier, hit by lower production of cars and car engines, petroleum, rubber products and steel, the industry ministry said on Wednesday.
That compared with a forecast of a 7.1% drop in a Reuters poll and October’s revised 8.13% decline.
Capacity utilisation was at 63.17% in November, compared with a revised 63.0% in October.
The ministry has forecast the MPI will drop 3.8% this year before rising 2-3% next year. (Reporting by Kitiphong Thaichareon Writing by Orathai Sriring Editing by Lincoln Feast.)
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